08 August 2016 British Pound Weakness Triggered by Successful Bank of England Bond Buy-Back as QE Gets Underway

Should the GBP not be lower against its major competitors following the announcement of all-time interest rate lows at the Bank of England?

Read more … →
08 August 2016 GBP/USD Rate Struggles on Tuesday as Trend Line Support is Broken

GBP/USD began selling off heavily on Monday after investors started stockpiling dollars, as a result of the positive US jobs report showing the US economy added over a quarter of a million jobs in …

Read more … →
07 August 2016 GBP/EUR Exchange Rate Forecast to Test 1.16 Near-Term as Selling Pressures Start to Intensify

A subdued outlook for the pound contrasts with a more bullish forecast for the euro, which is set to gain at the start of the week, potentially as a result of falling risk appetite. Add to this a b…

Read more … →
03 August 2016 Pound Drops 1.5% as Bank of England Cuts Rates, Unleashes Hefty Quantitative Easing Package

Analysis of the Pound to Euro and Pound to Dollar pairs ahead of, and during the Bank of England’s policy decision and Inflation Report.

Read more … →
03 August 2016 UK Exports to Enjoy Brexit Boost as a Severely Overvalued British Pound Starts to Correct Lower

The CBI has reported that Britain’s SMEs are expecting to boost exports over coming quarters as the UK becomes more competitive thanks to a devaluation in the overvalued Pound Sterling.

Read more … →
03 August 2016 The Pound's Strength Against Euro, Dollar Holds as Service PMI Data Steadies

For GBP, the focus in mid-week trade will be the outcome of the release of the Service PMI reading from Markit and the CIPS.

Read more … →
02 August 2016 How is the Pound Likely to React to Hammond's Planned Stimulus Drive?

Theresa May's new chancellor has scraped the previous administration’s goal of generating a budget surplus by 2020, allowing himself more room for manoeuvre in addressing the potential economic fal…

Read more … →