The British pound retains the solid bias that has come to characterise much of November - and there is reason to believe the strength could last.
Read more … →The GBP continues in its quest to achieve its best trading rate against the EUR for 2015 while also registering gains against the USD.
Read more … →A vote on the UK's membership of the European Union and a new round of fiscal austerity could keep a lid on British pound strenght in 2016.
Read more … →"We would look for GBP/USD gains to run out of momentum ahead of 1.5250/60." - Jeremy Stretch at CIBC.
Read more … →The UK employment report was mixed. Unemployment rated went down to 5.3% in September, and 177,000 jobs were added but with softer earnings as wage pressures moderated more than expected.
Read more … →An exchange rate forecast note for 2016 from ING says strength will in the British pound will likely be capped in 2016 owing to political uncertainty surround the EU referendum.
Read more … →Last week was a tough one for the sterling with the currency falling sharply across the board, wiping away most of the gains it made earlier in the week.
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