19 April 2018 Pound Sterling Recovery Underway

Pound Sterling is seen trading higher in early afternoon trade as markets set aside a bout of bad economic data.

Read more … →
19 April 2018 British Pound Outlook: "Don't Buy Into the Current GBP Positive Consensus" say Nordea who Forecast Declines Ahead vs. Dollar and Euro

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 โ€ฆ

Read more … →
18 April 2018 Pound Sterling Slumps as UK Inflation Falls Faster than Expected

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 probabiโ€ฆ

Read more … →
18 April 2018 Warnings that British Pound's Purple Patch Against the Euro & Dollar has a Limited Shelf-Life

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 … →
17 April 2018 Pound Sterling Slips on Wages Disappointment Even as UK Unemployment Falls to Fresh 42 Year Low

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 โ€ฆ

Read more … →
16 April 2018 Markets Most Bullish on British Pound Since 2014, More Gains vs. Euro, Dollar Possible say Mizuho

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.โ€ฆ

Read more … →
13 April 2018 Pound Sterling could Rise Another 5% against Swiss Franc - Societe Generale

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 riseโ€ฆ

Read more … →