Pound Sterling is seen trading higher in early afternoon trade as markets set aside a bout of bad economic data.
Read more … →Another prominent foreign exchange professional has questioned the validity of Pound Sterling's strong run higher against both the Euro and US Dollar, giving three reasons for staying sceptical on โฆ
Read more … →The Pound slumped broadly during the morning session Wednesday as markets responded to lower than expected UK inflation figures for March, which may now have placed a question mark over the probabiโฆ
Read more … →The Bank of England is a prime driver of Sterling's current good run and those questioning whether the strength can continue need to ask just how long this support will be on offer.
Read more … →The Pound pared earlier gains Tuesday as traders responded to a mixed labour market report, which showed wage packets growing slower than was expected in February, while the unemployment rate fell โฆ
Read more … →The number of traders who are now betting that the Pound will rise continues to grow with the latest data on market positioning showing leveraged funds are the most bullish on the Pound since 2014.โฆ
Read more … →Pound Sterling is set for even further gains over the Swiss Franc later this year, according to currency strategists at investment bank Societe Generale, which could see the exchange rate riseโฆ
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