Foreign exchange analysts at Deutsche Bank - the Frankfurt-based multinational investment bank - are backing the British Pound to benefit from month-end flows.
June 28,2019
Forecasters at Barclays see further downside in the value of Pound Sterling amidst a soft economy and fading conviction that a Brexit deal will be achieved by year-end.
June 26,2019
The British Pound was seen trading higher against a host of major currencies on Tuesday, confirming a short-term floor might be building under the UK currency, in part aided by comments from incoming Prime Minister Boris Johnson that he does not believe "for a moment" that a 'no deal' Brexit will take place on October 31.
June 27,2019
The Pound could be in for a rough ride against the Dollar and Euro through the remaining summer months, according to strategists at HSBC, who say the mounting threat of both a 'no deal' Brexit and general election will weigh on the British currency.
June 25,2019
Foreign exchange strategists are apparently becoming increasingly weary of the prospects of a General Election taking place before 2019 is out, and this should keep the British Pound under pressure we are told.
June 21,2019
The Pound has received a pasting on the currency market in recent months but could find some welcome support if the Bank of England (BoE) continues to warn Thursday that borrowing costs will have to rise over the coming quarters, but analysts and economists are divided in their outlooks for UK interest rates.
June 20,2019
The British Pound has staged a recovery against the Euro and Dollar over the course of the past 24 hours, whether or not the gains can extend will largely rest with the message delivered by the Bank of England today.
June 20,2019
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