18 January 2019 British Pound Falters after Retail Sales Slide

The Pound appeared to falter on Friday after official data revealed a steeper-than-expected fall in retail spending during December, although losses have been shallow given the latest developments …

Read more … →
18 January 2019 Pound Sterling Pares Gains into the Weekend, but Belief 'No Deal' Brexit is a Fading Risk should Keep Losses vs. Euro and Dollar Shallow

Pound Sterling is on the front-foot ahead of the weekend, rising to a fresh two-month high against the Euro and Dollar as Brexit headlines continue to hit the markets in thick and fast with news th…

Read more … →
17 January 2019 Pound-to-Krona Rate: Markets Eye Riksbank and Brexit after Swedish Parties Agree New Government Leadership

Sweden's political parties have agreed the formation and leadership of a new government that will end a four-month period of political uncertainty, enabling markets to return their focus to the Rik…

Read more … →
17 January 2019 British Pound "Running on Fumes", Beware Return of Brexit Risks

The British Pound sits near the top of multi-week highs against a number of major currencies on the assumption a 'no deal' Brexit wil be avoided. However, we hear from a number of analysts that mar…

Read more … →
16 January 2019 "The Pound Should Remain Supported": Analysts Views on Sterling's Outlook

The Pound was trading higher against most rivals Wednesday after an earlier House of Commons vote on Prime Minister Theresa May's Brexit proposals saw the government dealt the largest parliamentary…

Read more … →
16 January 2019 May Wins Confidence Vote, Pound Sterling Firms as Markets Cheer attempts to find Cross-Party Consensus on Brexit Deal

The Pound has recovered back towards the top of recent ranges as foreign exchange markets believe Theresa May will ultimately secure the compromises required to gather a majority for her deal in th…

Read more … →
15 January 2019 Pound Sterling in Strong Recovery after Brexit Deal Voted Down

Thin trading conditions describe a market with unusually shallow volumes of currency being traded. This is understandable as traders will likely be adopting a wait-and-see approach to the British c…

Read more … →