Governor of the Bank of England Mark Carney has reportedly been approached by the Government to stay on for another year, despite saying he would only serve six of a seven-year term.
Read more … →
Foreign exchange markets continue to increase bets against Pound Sterling in anticipation of further downside moves but positioning is now looking extended meaning the potential for deeper downside…
Read more … →
The Pound crept higher during early trading Thursday as traders took up positions ahead of the release of retail sales data for July, which some hope will show a rebound in spending on the high str…
Read more … →
The Pound reversed course and sank lower against the Dollar early in the Wednesday session after official data showed the UK consumer price index rising only a fraction during July, when some analy…
Read more … →
A busy week of UK data releases kicks off today with employment and wage data due for release at 09:30 B.S.T.
Read more … →
The British Pound has endured notable weakness over recent weeks but a prominent bank tells us that the currency should recapture lost ground into year-end as fears of a 'no deal' Brexit fade.
Read more … →
Data on the positioning of traders on the global foreign exchange market confirm jump in bets against both Pound Sterling and the Euro.
Read more … →