“We remain worried about Sterling. We expect Sterling to remain under pressure ... as the upcoming Conservative Party leadership battle weighs on the currency.” - ING Bank.
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For foreign exchange markets, all eyes are fast turning to Boris Johnson, the current favourite to become the next UK Prime Minister, and his strategy to deliver Brexit.
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The Pound is now unlikely to recover its recent losses against the Euro and Dollar in 2019, according to the latest forecasts from global banking giant MUFG, and is instead expected to cede further…
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Currency markets will be digesting a number of notable Brexit-related headlines on Thursday, May 30, involving the Labour Party's position on a second referendum and a German veto to any further ex…
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The prospect of a second Brexit referendum could be about to rise sharply, this should provide Sterling with some protection against further falls based on fears that a 'no deal' Brexit on Oc…
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Pound Sterling stabilised Tuesday after a volatile start to the new week but the British currency is on the verge of another slide that could soon take it all the way down to January's lows, accord…
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Pound Sterling appears to be entering a tentative sideways trading pattern against both the Euro and U.S. Dollar as the countdown to the end of what has been a very difficult month for the currency…
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