Data on the positioning of traders on the global foreign exchange market confirm jump in bets against both Pound Sterling and the Euro.
August 11,2018
The Pound extended losses against its rivals Friday after official data showed economic growth surprising on the downside in June, denoting a poor hand-off to the third-quarter, at a time when the currency was already under mounting pressure from unease over the trajectory of Brexit negotiations and mounting geopolitical tensions.
August 16,2018
A structural shift away from the British Pound may be happening warns an HSBC economist.
August 10,2018
Fresh nerves for an under-fire British Pound on Thursday, August 09 on news reports Prime Minister Theresa May is stepping up the government’s preparations in case Brexit negotiations break down and the country crashes out of the European Union without a deal.
October 18,2018
A 'no-deal' Brexit is could trigger a further 10% depreciation in the value of the British Pound argue a number of FX analysts.
August 15,2018
The Turkish Lira recovered marginally on Tuesday after the previous day's meltdown, leading the Pound-to-Lira rate to pause in the wake of Monday's record highs, which marked the Turkish currency's worst bout of devaluation in modern history.
August 7,2018
The British Pound is underperforming rivals at the start of the new week with market commentators blaming the ongoing trend by foreign exchange markets to price in a 'no deal' outcome to Brexit negotiations.
August 7,2018
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