30 June 2016 British Pound Down Against Euro and Dollar as Carney Warns Interest Rate Cut Likely in August

The GBP will take a cue from the Bank of England’s Governor Mark Carney who is set to outline his thinking on how Britain's economy is coping with last week's vote to leave the European Union in a …

Read more … →
29 June 2016 Colossal Current Account Deficit Promises a Notably Weaker British Pound

The pound to euro exchange rate’s trajectory will ultimately rest with whether or not the UK can continue convincing investors to keep plugging the hole in the UK’s bank account with the world.

Read more … →
29 June 2016 GBP/USD Outlook: BofA see Rebound Limited, Brexit to Trigger "Butterfly Effect on Steroids"

Bank of America Merrill Lynch (BofA)have revised their forecasts in light of the shock win for ‘Leave’ in the British referendum on EU membership

Read more … →
28 June 2016 ING's BEER Model Forecasts GBP/EUR Exchange Rate at 1.10, GBP/USD at 1.20

ING have updated their foreign exchange forecasts for the pound to euro, pound to dollar and euro to dollar exchange rate pairings.

Read more … →
27 June 2016 British Pound Bounces Back Against US Dollar and Euro, All Eyes on European Council Meeting Today

Pound sterling was seen lower across the board as Asian traders returned to their desks after a weekend that offered seemingly little by way of resolution to the Brexit-inspired uncertainty sparked…

Read more … →
24 June 2016 UniCredit: GBP/EUR Exchange Rate Forecast to Fall to 1.11, GBP/USD Below Plaza Accord Levels

Sterling's already extreme decline is not over, argues Global Chief Economist at major Italian lender UniCredit

Read more … →
24 June 2016 Brexit is NOT an Economic Catastrophe say Capital Economics but Fresh Austerity Drive by Govt Would be 'Disasterous'

Financial advisory service, Capital Economics, which was started by prize-winning economist Roger Bootle, thinks that the economic impact of Brexit may be substantially cushioned by the right respo…

Read more … →