Barnier and Davis negotiations

The big driver for Pound Sterling over coming weeks will firstly be the intention of the European Central Bank regarding the tapering of its stimulus programme. We have cited September 7 as being key in this regard.

August 21,2017

Bets against the British Pound

The latest insight into the positioning of traders on the vast foreign exchange market place confirm sentiment towards Pound Sterling remains negative.

August 19,2017

Exchange rate decline

The biggie for the Euro therefore comes at the September ECB meeting where forecasts from the Bank’s staff are also released.

August 19,2017

Credit SuisseThe analyst community are playing catch-up with a falling Pound and downgrading their forecast targets following a particularly poor run for the currency.

August 21,2017

Mario Draghi Jackson Hole

Pound Sterling and the Dollar are seen advancing on the Euro thanks to developments concerning the European Central Bank.

August 17,2017

Foreign exchange markets eye UK employment data

"The latest labour market figures provided some signs that the tightening in the labour market may be leading to a recovery in wage growth at long last."

August 16,2017

UK GDP concept

UK inflation has come in below economist forecasts and are suggestive that the recent increase in prices might be at a turning point.

August 15,2017

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