18 June 2019 Pound Sterling in Fresh Leg Lower vs. Euro, Dollar: Hammond Resignation Threats Cited

Chancellor of the Exchequer Philip Hammond is reportedly "prepared to resign" over Prime Minister Theresa May's legacy spending plans, according to news reports that are credited with triggering th…

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17 June 2019 Boris Wants a Brexit Deal: Pound Sterling can Recover vs. Euro and Dollar when Markets Get the Message

If markets accept that Boris Johnson's priority is securing a Brexit deal, then Sterling could find itself supported.

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12 June 2019 Pound Off its Highs after Labour Bid to Block 'No Deal' Brexit Fails, Markets Digest Johnson Capaign Launch

The British Pound returned toward its recent lows going into the London close Wednesday after an opposition Labour Party attempt to create law preventing a 'no deal' Brexit from taking place under …

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11 June 2019 Pound Recovers After Wages Grow at Fastest Pace since 2008

Pound Sterling was seen staging a recovery against the Euro and U.S. Dollar in mid-morning trade on Tuesday, June 11 after UK labour market data showed wages continue to rise.

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11 June 2019 "Trouble Ahead" for Pound Sterling vs. Euro & Dollar say Analysts

The Pound is under pressure once again and a numer of analysts say they are expecting the selling pressure to continue during a summer and autumn of political uncertainty.

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10 June 2019 British Pound Sheds Value on News UK Economy Shrank in April

Pound Sterling reacted negatively to data out Monday that shows the UK economy shrank 0.4% in April 2019 according to the latest set of monthly growth data from the Office for National Statistics.

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07 June 2019 Pound Steadies, Peterborough By-Election Result Hardens Conservative Approach to Brexit

The British Pound was seen trading higher against the Euro and U.S. Dollar ahead of the weekend, with moves looking to be technically inspired. Concerning the outlook, we are watching the responses…

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