Global foreign exchange markets have just endured a notable flip in trader sentiment according to CFTC with the Pound now forming a net bearish bet, and the Dollar a net bullish bet.
Read more … →The Pound will no longer rise against the Euro and is set to fall against the US Dollar during the rest of 2018, according to mid-year currency forecasts from Barclays.
Read more … →The British Pound is unlikely to see the gains granted by the Bank of England's policy decision on Thursday, June 21 last say analysts at Bank of America Merrill Lynch.
Read more … →Analyst and foreign exchange market reactions to the Bank of England's June decision which saw three members of the MPC vote to raise rates sparking speculation that an August hike is a strong possโฆ
Read more … →Foreign exchange markets will scrutinise Thursday's Bank of England interest rate statement for clues about the prospect of an interest rate rise in August.
Read more … →Pound Sterling is seen to be in recovery mode as the government wins a vote on a key piece of Brexit legislation.
Read more … →A heads-up to those watching the value of Sterling closely: There is some element of political risk at the start of the new week.
Read more … →