18 July 2018 British Pound Risk is "Skewed" to Downside vs. Euro and Dollar with Market's Gaze Turning to Outcome of Brexit Negotiations

"Risks remain skewed" to the downside for Sterling we are told by analysts and we believe comments from EU negotiators Barnier and Raab present the next key hurdle for the UK currency.

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17 July 2018 When it Comes to the Pound, Gilt Yield Curves Don't Flatter

The UK government bond yield curve is at its flattest since 2016 amid growing expectations the Bank of England (BOE) will raise interest rates and increasing Brexit uncertainty.

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17 July 2018 UK Labour Market in Rude Health with Record Numbers Now in Work

Official data shows the UK economy continues to create jobs at a robust pace with May seeing a record proportion of the population participating in the labour market. 

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16 July 2018 British Pound Tipped to Benefit if Rees-Mogg Fails in Attempt to Force Government to Change Brexit Policy

Sterling may catch a bid if Prime Minister Theresa May gets legislation through parliament in the face of opposition to her agenda by Jacob Rees-Mogg and other Conservative MPs who see her plans as…

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13 July 2018 Options Market is Fretting about Further Losses in Pound Sterling

The Pound rose broadly on Friday as currency markets shrugged off fears over the trajectory of the Brexit negotiations but, according to strategists at Bank of America Merrill Lynch, this pric…

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12 July 2018 Pound Sterling Outlook: A Positive EU Response to Whitepaper will Trigger Gains Against Euro and Dollar

Sterling continues to recover as UK White Paper detailing aims for future EU-UK trade is released, but detailed response from EU to shape the outlook with a positive response to push gains.

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12 July 2018 British Pound to "Climb Wall of Worry" against Dollar, Stay Sidelined vs. Euro

Analysts say the Pound is cheap and therefore selling pressure is abating while Prime Minister Theresa May should be safe until summer 2019. But we could see GBP/USD fall sharply below the 1.30 lev…

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