Sterling is likely to rise, according to research from Bank of America Merill Lynch, which argues low unemployment is behind central bank's hawkishness more than inflation.
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Pound Sterling is set to end the first week of October on a dour note as political uncertainty in the UK escalates.
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HSBC Bank have long been negative on the British Pound’s prospects, and in early October they are showing no letup in their negative stance.
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We are seeing a sudden drop in the value of the Pound at the time of writing with Sterling breaking below key levels against both the Dollar and Euro.
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A miss against expectations Wednesday would likely mean another deterioration in the narrative around the UK economy and Sterling
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Any official Brexit agreements will require the rubber stamp of the European parliament and, after flexing its muscles Tuesday, it may soon frustrate Theresa May’s effort to secure an early agreeme…
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Concessions from Theresa May on the so-called divorce settlement are likely and could avert further weakness. But the real danger to Sterling is in the details of transition and the future relation…
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