30 August 2018 Argentine Peso Descends into Abyss Despite Show-stopping Central Bank Action and IMF Assurance, Analysts say "Hold" Bonds

The Peso continued its decline Thursday even after the central bank raised its interest rate by a show-stopping 15% and the International Monetary Fund (IMF) said it will speed up the pac…

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30 August 2018 Pound Sterling's Recovery vs. Euro, Dollar Aided by Reports Macron will Push EU Leaders for a Brexit Deal

Macron to push EU leaders towards Brexit deal EU meeting in Austria allow Sterling to edge towards fresh multi-day highs amidst improving Brexit-related sentiment. However, some analysts warn the P…

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30 August 2018 1.8m British Expats at Risk of Another Sharp Drop in Pound Sterling and Financial System Disruptions: de Vere

An estimated 1.8 million British expats living in the EU should consider reviewing their personal financial strategies as ‘no-deal’ Brexit looks increasingly likely according to one of the world’s …

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29 August 2018 Barnier makes 'Monumental' Overture to UK sending British Pound Rallying Against the Euro, Dollar and Other Major Currencies

The British Pound has surged higher against a host of major currencies mid-week following comments from chief EU Brexit negotiator Michel Barnier that "the EU is preparing to offer a partnership wi…

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29 August 2018 Odds of Carney Staying on Increase, and it would be Good for the British Pound if he did say Exchange Rate Anaysts

Governor of the Bank of England Mark Carney has reportedly been approached by the Government to stay on for another year, despite saying he would only serve six of a seven-year term.

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28 August 2018 Traders Raise Bets Against Pound Sterling to Hit Highest Level Since May 2017 but Extended Positioning Could Limit Scope for Further Losses

Foreign exchange markets continue to increase bets against Pound Sterling in anticipation of further downside moves but positioning is now looking extended meaning the potential for deeper downside…

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16 August 2018 Pound Rises after UK Retail Sales Stage Robust Recovery from June Slide

The Pound crept higher during early trading Thursday as traders took up positions ahead of the release of retail sales data for July, which some hope will show a rebound in spending on the high str…

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