UK high-street name Lloyds Bank have announced an upgraded to their Pound Sterling forecasts against the Dollar and Euro.
High-street lender announce they are upgrading forecasts for the Pound on the assumption that Brexit risks are fading, while the UK economy continues to perform to a level that should allow the Bank of England to raise interest rates in May.
March 16,2018
UK Brexit Minister Robin Walker says the UK and EU are "very close" to a transitional Brexit deal, analysts tell us why this is positive news for Pound Sterling.
March 13,2018
The British Pound caught a bid on an upbeat Spring Statement from the UK's Chancellor, while news that Donald Trump fired Rex Tillerson hit the Dollar.
March 14,2018
“It will be difficult to get a clear reading from the output data of Q1 growth for a few months – given the likely distortions from severe weather at the end of February – survey measures broadly suggest the economy should maintain Q4’s pace."
March 9,2018
The European Central Bank delivers their March policy meeting with most analysts suggesting President Mario Draghi will be keen to avoid any drama. Therefore, any surprises could well prompt a big move in the Euro exchange rate complex.
March 9,2018
Analysts say expect the Euro to continue outperforming owing to surplus flows and a dynamic economic outlook for the Eurozone.
March 7,2018
Foreign exchange strategists and analysts give their view on the near-term prospects facing the British Pound, and on balance some relief should be expected.
March 6,2018
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