Sterling is at risk from twin threats of ECB policy normalisation and Brexit uncertainty, according to a report from Jefferies International.
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Pound Sterling is one of the best performing currencies in the global G-10 complex over the past 24 hours.
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Those expecting further depreciation in Sterling risk being wrong-footed by a potential recovery in the UK currency suggests Peter Rosenstreich, an analyst at Swissquote Bank who believes the marke…
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The deterioration of the all-important services sector in August could now mean concerns for the economy become more broad-based.
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Brexit related uncertainty will keep a lid on the Pound over the coming months but, perhaps more interestingly, it will also place a floor under the Pound to Euro rate.
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Expectations were low going into the release but the UK construction industry may have surprised even the most ardent pessimist in August.
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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 Barni…
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