An even weaker British pound will merely stoke a further increase in inflation, likely reigniting speculation of a BoE rate hike being in the pipeline, which would then have a corrective effect.
September 1,2017
The Pound is already pricing in a hard road towards Brexit, and as a result looks very cheap against the Euro.
September 1,2017
What matters for the Pound's outlook is that the E.U. is looking increasingly willing to let the Brexit deadline of March 2019 lapse in order to reinforce the message of European supremacy.
August 30,2017
“We believe that a lot of negatives seem to be in the price of the currency and thus expect a less pronounced sell-off from current levels.”
August 29,2017
Bets against Pound Sterling surged by $1.1BN in the space of a week according to the latest available data on foreign currency market positioning from the US Commodity Futures Trading Commission.
August 27,2017
A more conciliatory tone from the foreign secretary over the "Brexit Bill" supports an emerging narrative suggesting the pound may already have seen its darkest days.
August 25,2017
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