News that the Conservatives are resigning themselves to an Autumn General Election is yet another factor weighing down on an already under-performing British Pound ahead of the weekend.
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The Pound slipped to the bottom of the G10 league table Tuesday and is set to remain an underperformer into year-end, according to the latest forecasts from TD Securities, as Brexit-related chaos i…
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The British Pound was seen under selling pressure in mid-week trade after the release of data that showed the UK's dominant services sector struggled in June.
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The British Pound remains under pressure against the Euro, U.S. Dollar and other major currencies on Tuesday, July 02 as foreign exchange markets continue to express caution over the prospects of a…
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UniCredit Bank - long-time optimists on Pound Sterling - have again lowered their forecasts for the currency, but not by enough to cancel their view that a recovery in the currency will still occur…
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The British Pound had started the new week on the front-foot against its major competitors, however a disappointing data release out mid-morning has seen the gains reversed.
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Foreign exchange analysts at Deutsche Bank - the Frankfurt-based multinational investment bank - are backing the British Pound to benefit from month-end flows.
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