Anxiety over the direction of Brexit is as elevated as ever in the UK, yet Pound Sterling is well above its post-referendum multi-year lows. We ask the analyst community the ever-important question…
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A widening interest rate differential and a host of technical signals on the charts could mean further downside is limited for the Pound-to-Euro rate.
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Inflation was expected to break above 3% for the first time since April 2012, but it stalled at the 3% level, dampening the case for further interest rate hikes from the BoE.
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Financial markets took a back seat Tuesday as the world’s leading central bankers spoke of stepping up efforts to communicate with the masses.
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Signs the UK could retain much of its financial sector after Brexit suggest any economic fallout may be limited. But this won't get Sterling off the hook just yet.
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Political noise and the looming release of several key economic reports mean volatility is the 'house special' for the week but, beyond here, Sterling could go higher.
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A soft start to the new week for the British Pound as markets digest some key political headlines from the weekend.
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