Pound Sterling appears to be entering a tentative sideways trading pattern against both the Euro and U.S. Dollar as the countdown to the end of what has been a very difficult month for the currency begins.
May 29,2019
The Pound recovered its poise on Friday as the Dollar weakened although the British currency was aided during the morning session by an April retail sales number that surpassed market expectations.
May 24,2019
Pound Sterling is seeing some welcome relief ahead of the weekend with some modest gains being recorded against the Euro, Dollar and a host of other major currencies, but how the under-pressure Pound ends the week will ultimately depend on the market's reaction to Prime Minister Theresa May's exit strategy which has just been announced.
May 25,2019
Reports out Thursday suggest Prime Minister Theresa May will quit office on Friday May 24.
May 23,2019
The European Union elections are underway in what promises to be one of the most important vote for the region in years; and the Euro exchange rate complex could well take note of any upsets.
May 23,2019
Pound Sterling remains under intense selling pressure amidst developments that Prime Minister Theresa May could be out of office by as early as Sunday, as the results of the European elections are made clear.
May 22,2019
The Pound continued to drift lower against the Euro and Dollar Wednesday after April inflation figures surprised on the downside and as markets respond to fresh political uncertainty and instability within Westminster.
May 22,2019
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