11 September 2018 U.K. Wages Grow Faster than Economists Expected

The Pound advanced further on rivals Tuesday after official data showed wage pressures building in the UK's tight labour market while traders also continued to reward signs of progress in the …

Read more … →
10 September 2018 British Pound at Multi-Week Best on Latest 'Barnier Bump': Brexit Withdrawal Agreement Likely by November

The British Pound was seen gaining on the Euro, Dollar and other major currencies following comments by chief EU Brexit negotiator Michel Barnier that a Brexit deal was likely to be achieved in 6-8…

Read more … →
10 September 2018 Swedish Krona Eyes Losses after Election Result Leaves Markets Focused on Negative Fundamentals

The Swedish Krona ceded ground to the Pound, Dollar and Euro Monday after a general election left the Nordic country with a hung parliament, prompting some analysts to forecast further losses for t…

Read more … →
10 September 2018 Pound Advances as on UK GDP Beat

The Pound advanced against all rivals Monday as traders responded to official data showing economic growth picking up sharply during July, suggesting the economy gathered momentum at the begin…

Read more … →
07 September 2018 British Pound Charges Higher on Barnier's Irish Backstop Comments

The British Pound has moved higher against key rivals ahead of the weekend in the wake of fresh comments pertaining to the Irish border question from the EU's chief Brexit negotiator Michel Barnier…

Read more … →
07 September 2018 Fudge in the Making: Pound's 2019 Recovery might be Delayed as Negotiators Shave Ambitions for Brexit Withdrawal Agreement

Some potentially bad news for those wanting a stronger Pound Sterling: the currency's recovery might be delated as it is unable to rid itself of political uncertainty next year.

Read more … →
06 September 2018 Russia's Ruble at Risk of Break Lower Against Sterling and the Dollar

USD/RUB and GBP/RUB are forming chart patterns which indicate the potential for a volatile breakout commensurate with relations worsening between the UK and Russia.

Read more … →