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.
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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.
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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 poss…
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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.
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Pound Sterling is seen to be in recovery mode as the government wins a vote on a key piece of Brexit legislation.
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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.
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The Pound surged higher on Thursday as trader responded to Office for National Statistics data showing UK retail sales rising at a rapid pace for the second consecutive month in May, suggesting the…
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