The Pound fell against the Yuan Tuesday as the Chinese currency strengthened against the world's majors following an intervention by People's Bank of China (PBOC) officials geared toward …
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The Pound rose against the Dollar and Euro Tuesday after the latest IHS Markit PMI showed the UK's beleaguered construction industry turning a corner in June, with the index of activity in the sect…
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Pantheon Macroeconomics says Theresa May will ultimately fold the UK into a soft Brexit which will lead to a sizeable investment surge which will drive the British Pound above 1.25 against the Euro…
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The Pound advanced against the Dollar and pared deep losses against the Euro ahead of the weekend after Office for National Statistics data upgraded its quarter-one GDP numbers.
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Ahead of the EU summit, starting today in Brussels, foreign exchange strategist Viraj Patel warns the British Pound is looking particularly vulnerable.
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"We can’t recall a period when the sentiment and news flow has been so consistently negative and our sense here is that a lot of bad news is now in the price" - Derek Halpenny, MUFG.
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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.
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