22 July 2019 Pound's Recovery Fades, Markets Await Johnson for Fresh Direction

Investors are engaged in a wait-and-see approach to Pound Sterling at the start of what promises to be a significant week in British politics: a new Prime Minister and Government will be installed,…

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19 July 2019 Pound Sterling: Merkel Comments on Backstop Cements Support vs. Euro and Dollar Ahead of Weekend

Fresh signs of concessions on the Irish border question have helped cement Sterling's nascent recovery ahead of the weekend. 

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18 July 2019 Pound Sterling Live: Barnier, Varadkar Comments on Irish Border Triggers Recovery

Finally, some relief for the British Pound which is rallying against the Euro, Dollar and a host of other currencies as some potentially positive comments from the European Union's Chief Brexit neg…

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18 July 2019 Pound Sterling to Fall Another 10-15% Against Euro & Dollar Once New Prime Minister is Installed: Royal London's Greetham

Should the tough rhetoric of the Conservative Party's leadership campaign actually translate into a 'no deal' Brexit, then Sterling could slump another 10-15% says a leading fund manager at the UK'…

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17 July 2019 British Pound: Renewed Talk of General Election adds Fresh Downside Pressures vs. Euro and Dollar

The British Pound remains fragile in mid-week trade with foreign exchange markets digesting the latest political headlines that suggest a General Election is being considered by Boris Johnson, who …

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16 July 2019 Solid Wage Growth Fails to Support Sterling amid Gloomy BoE Outlook

The Pound hit the ropes again Tuesday as the market responded to official employment figures for the month of May, with subsequent price action suggesting investors have all but given hope of seein…

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16 July 2019 Sterling in Sharp Slump on Johnson and Hunt Irish Backstop Rejection

Today's wage numbers should be an all-out positive for Sterling, but instead we see the Pound-Euro exchange rate hitting a fresh seven-month low while the Pound-Dollar exchange rate is hitting fres…

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