UK manufacturing data comes ahead of surveys of the construction and services sectors and a key Brexit-related speech from Prime Minister Theresa May Friday. All are important for the Pound.
March 1,2018
Currency markets are accustomed to the idea the Brexit “cliff edge” will be kicked into the long grass by a transition deal so risks of fresh acrimony over the terms of transition could jilt Sterling Wednesday and going forward.
March 1,2018
A comprehensive study of how foreign exchange traders are betting confirms expectations for further gains in Sterling are elevated but enthusiasm has dipped over recent weeks.
February 27,2018
2.0% economic growth and expectations for a consensus-busting three interest rate rises in 2018 will support a stronger Pound Sterling profile say long-time bulls Capital Economics.
March 2,2018
UK interest rate chatter is helping the Pound advance on a weak Dollar and, with political uncertainty weighing on the Euro, there are grounds to think the Pound-to-Euro rate may head higher over the coming days.
February 26,2018
The British Pound was the day's best performer through much of the morning's London trading session, until it suddenly took a plunge.
February 23,2018
The British Pound was seen as one of the better performing global currencies ahead of the weekend, with markets eyeing domestic Brexit developments and judging them to be positive.
February 23,2018
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