It's "not looking pretty for the Pound as consumer confidence remains weak," says Viraj Patel, foreign exchange strategist with ING Bank N.V.
Read more … →Anxiety of a leadership challenge on Prime Minister Theresa May to fade during Parliament's recess while a Bank of England interest rate rise is tipped to add to confidence in Sterling.
Read more … →Bank of Japan could tweak on Tuesday, Bank of England expected to hike on Thursday and US Payrolls forecast to continue rising on Friday.
Read more … →Barnier rejects key customs proposal in May's Chequers plan ensuring fears of 'no deal' Brexit are alive, but "reverting to World WTO rules would not be the end of the world" say Capital Economics.โฆ
Read more … →The British Pound sank to fresh session lows as the EU's Michel Barnier and Dominic Raab briefed the press as to the progress of the latest round of Brexit negotiations.
Read more … →GBP/SGD has moved back into the 'sell-zone' and provides 'bears' with an opportunity to re-enter short positions against Sterling but valuations recommend a cautious stance
Read more … →Traders are buying downside protection to protect against negative Brexit outcomes, and this is what is really weighing on the Pound.
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