The local media is today awash with dramatic stories concerning an impending crash in the value of the British Pound as we enter the final throes of Theresa May's premiership, and await that of Boris Johnson.
July 24,2019
Investors are engaged in a wait-and-see approach to Pound Sterling at the start of what promises to be a significant week in British politics: a new Prime Minister and Government will be installed, and with them comes a new Brexit strategy that should set the tone for the under-pressure currency.
July 23,2019
Fresh signs of concessions on the Irish border question have helped cement Sterling's nascent recovery ahead of the weekend.
July 19,2019
Finally, some relief for the British Pound which is rallying against the Euro, Dollar and a host of other currencies as some potentially positive comments from the European Union's Chief Brexit negotiator come through.
July 18,2019
Should the tough rhetoric of the Conservative Party's leadership campaign actually translate into a 'no deal' Brexit, then Sterling could slump another 10-15% says a leading fund manager at the UK's largest mutual insurer.
July 18,2019
The British Pound remains fragile in mid-week trade with foreign exchange markets digesting the latest political headlines that suggest a General Election is being considered by Boris Johnson, who is likely to replace Prime Minister Theresa May new Tuesday.
July 17,2019
The Pound hit the ropes again Tuesday as the market responded to official employment figures for the month of May, with subsequent price action suggesting investors have all but given hope of seeing the Bank of England (BoE) lift its interest rate anytime soon.
July 16,2019
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