The price of hedging against sizeable declines in Sterling in the future have fallen, suggesting the market now sees less chance of a ‘hard Brexit’.
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* Retail sales first up at 09:30 * Bank of England guidance due at 12:00 * Pound Sterling likely to fade any gains or losses stemming from today's events as markets will stay focussed on the Janua…
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Economic Data is on tap for Sterling today with the release of the latest inflation numbers by the ONS at 09:30 GMT.
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* EU won't consider a managed 'no deal' Brexit * UK continues preparations for 'no deal' * Retail sector slowdown heralds weaker UK economy at year-end * Technical studies suggest GBP to remain und…
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- Sterling to remain 'relatively steady' until January 14 Brexit vote - ABN Amro analysts give a boost to Sterling bulls at year-end - Say 'no deal' Brexit increasingly unlikely - Sterling forecast…
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The Pound trades with a soft undertone Friday, nursing a weekly loss of 0.5% against the Euro and 0.75% against the Dollar ahead of the weekend on news there has been no last-minute concession from…
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Pound Sterling remains driven by Brexit and the next instazllment in the saga sees Theresa May head to Brussels to hear what concesssions they will offer her.
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