09 March 2019 British Pound Overvalued by Optimistic Markets Ahead of Key Week in British Politics, Warnings of Short-Term Downside Risks vs. Euro and Dollar

The market is seeing Brexit risks through rose-tinted glasses, says Jane Foley, senior FX strategist at Rabobank, and an argument that the Pound is overvalued in the short-term can therefore be mad…

Read more … →
08 March 2019 May in Last-Ditch Plea to EU, Pound Sterling to Fall on Looming Article 50 Extension say Nordea Markets

Pound Sterling remains the best performing G10 currency for 2019, but we are hearing analysts say the currency will struggle to advance any further during coming weeks because an extension of the A…

Read more … →
07 March 2019 Pound Sterling at Risk as Brexit Talks Said to be Close to Collapse

Analysts warn that should Prime Minister Theresa May's Brexit deal be shot down next week, the British Pound could find itself coming under notable pressure, even if UK parliamentarians vote to del…

Read more … →
06 March 2019 The Pound Suffers Nerves as Cox Fails to Deliver Breakthrough, Barclays see Further Profit-Taking vs. Euro and U.S. Dollar

The British Pound is seen trading steady in the midweek session, albeit well off recent highs as traders express nerves that the UK will be unable to secure the kind of assurances required from Bru…

Read more … →
05 March 2019 UK Services PMI Provides Pound Sterling with Some Added Cheer, but Worrying Signs on Employment Should Keep Gains Contained

Pound shows an initial positive reaction to Service PMI beat but we expect the gains to be limited as the details of the report are actually quite poor.

Read more … →
04 March 2019 The Pound Awaits Cox-Barnier Meeting

The strong start for Sterling comes as markets continue to price out a 'no deal' Brexit occurring on March 29, with foreign exchange markets on Monday digesting conflicting news on what it is UK At…

Read more … →
01 March 2019 Pound Sterling's Rally vs. Euro and Dollar has Further to Go: Credit Suisse, TD Securities

Foreign exchange strategists have been reacting to the latest bounce in the value of the British Pound, saying the currency has momentum to go higher still.

Read more … →