Chart for Pound to Dollar

Societe Generale’s Olivier Korber argues Pound Sterling has absorbed as much negative news concerning the outlook as can be reasonably expected.

October 26,2016

brexit exchange rates

UK should not be back down or reveal its concession expectations as this could make the EU harsher in its quest to make an example of the UK.

October 25,2016

UK GDP data ahead

Expectations for a strong GDP reading and falling expectations for a November Bank of England rate cut are supporting Pound Sterling.

October 26,2016

Theresa May impact on Pound exchange rates

Pound Sterling could find Prime Minister May’s attendance at the Eurogroup meeting on Thursday and Friday the next source of volatility.

October 22,2016

UK retail sales hurt pound

Pound Sterling is under pressure against the Euro and US Dollar following the release of underwhelming UK retail data.

October 21,2016

Credit Suisse forecasts for British Pound

Credit Suisse have today told clients they are again revising lower their forecasts for Sterling.

October 23,2016

German report sinks Pound

Just as Sterling was looking to cement its nascent recovery it has fallen back on fresh Brexit-related headlines.

October 19,2016

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