Pound Sterling is to shake off Theresa May’s leadership dramas says a leading foreign exchange analyst who suggests the Pound will rise against the Euro longer term.
October 12,2017
"There is one thing an FX analyst does not have to explain, and that is when Sterling is weakening. However, whenever the British currency does not ease, then that is something that does require an explanation.”
October 12,2017
Before piling into GBP/USD, traders should consider that the Pound-to-Dollar pair has printed a lower close for each of the last three weeks after having established itself in a downtrend.
October 11,2017
A diplomatic crisis between the Turkish and US authorities has shaved several percentage points off the already weak Lira but despite the severity of the dispute most analysts expect a cordial conclusion and the currency weakness as only temporary.
October 11,2017
Data from the world’s largest foreign exchange dealer - Citi - shows a growing demand for the British Pound which suggests the currency might have turned a corner, despite persistent concerns over the health of Brexit negotiations between the UK and EU.
October 10,2017
Theresa May has been on the ropes recently and the pressure does not appear to be letting up; if she resigns and a snap election is called Labour might swoop into power - it's not as far-fetched as it might seem.
October 10,2017
Tuesday’s industrial data could make or break the economic narrative around Sterling ahead of November’s Bank of England monetary policy meeting
October 10,2017
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