Bank of England in the driving seat

The Bank of England is a prime driver of Sterling's current good run and those questioning whether the strength can continue need to ask just how long this support will be on offer.

April 18,2018

The Pound pared earlier gains Tuesday as traders responded to a mixed labour market report, which showed wage packets growing slower than was expected in February, while the unemployment rate fell to a new 42 year low.

April 17,2018

Insights into exchange rate market positioning

The number of traders who are now betting that the Pound will rise continues to grow with the latest data on market positioning showing leveraged funds are the most bullish on the Pound since 2014.

April 17,2018

Pound Sterling is set for even further gains over the Swiss Franc later this year, according to currency strategists at investment bank Societe Generale, which could see the exchange rate rise by another 5% from its current level. 

April 13,2018

The Pound pared back earlier gains during the morning session Wednesday after the latest round of industrial data from the Office for National Statistics showed output from Britain’s manufacturing and construction sectors surprising on the downside for the month of February.

April 11,2018

foreign exchange analysis concept 1

The Rouble depreciated heavily on Tuesday after US trade sanctions rocked Russian financial markets

April 11,2018

ian mccafferty bank of england

Sterling continues its rally to range highs versus the Euro and the Dollar after encouraging statements from leading economist.

April 10,2018

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