An easing of Brexit fears, Wednesday’s GDP report and a bullish setup on the chart comes barely a week ahead of the Bank of England’s November monetary policy announcement.
Read more … →
There are multiple factors that could help sustain the Dollar’s advance on the Pound, including the prospect for markets to revise expectations for UK interest rates lower and US rates higher.
Read more … →
A recent slip in the value of the British Pound confirms jitters over future Bank of England interest rate settings are back in play, but there is a risk traders are being too pessimistic in their …
Read more … →
“We are closing out our long EUR/GBP trade for a profit of +1.57%. Given the subtle shift in tone for Brexit talks and the importance of next week’s ECB meeting, it makes sense to remove risk now” …
Read more … →
Sterling has rebounded following a turnaround in increasingly bleak EU talks whilst technical analysts say the charts could be showing support for further upside for the Pound - at least eventually…
Read more … →
Markets have feared a possible delay to the progression of talks, on to the subjects of trade and transition, beyond December. But Friday's statements suggest a breakthrough could be in the pipelin…
Read more … →
Government borrowing appears to be declining overall according to data from the Office of National Statistics (ONS) who released government borrowing data on Friday which showed a fall of about 700…
Read more … →