Concerning headlines over the weekend have confirmed what many in the U.K. fear: the E.U. intends to make an example of the U.K. for its decision to exit the E.U. with chief negotiator Michel Barnier stating negotiations offer an opportunity for the E.U. to "teach the British people and others what leaving the EU means".
September 4,2017
A volley of economic numbers due out from the UK, monetary policy chatter and stalled Brexit negotiations will all help determine whether GBPEUR can recover further.
September 3,2017
Multiple factors have weighed on the dollar of late but August's payrolls, wages and unemployment data pose a serious threat to dollar bulls and are good news for the pound to dollar exchange rate.
September 1,2017
Brexit risks have not materialised in a meaningful fashion, an economist says, while the Bank of England's post-crisis monetary policy has done all that it can do.
September 6,2017
A surge in manufacturing activity in August suggests the UK economy is indeed picking up steam into the latter end of 2017.
September 3,2017
A quantitative easing exit by the ECB that ties tapering to inflation could keep a lid on the euro, benefiting pound to euro buyers.
September 1,2017
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