Pound Sterling is the week's best performing currency, enjoying gains of three-quarters of a percent against the Euro and one percent against the U.S. Dollar. Ahead of the weekend, currency traders will be digesting the results of local elections which suggest the Conservative Party have avoided a bloodbath.
May 3,2019
There was a spike in volatility in the Pound in mid-day London trade after the Bank of England released their May policy decision and latest suite of economic forecasts.
May 3,2019
The Pound was riding high at the top of the G10 league table Wednesday and by many accounts, could be due a further run of gains over the course of Thursday as the Bank of England (BoE) is now on the verge of becoming the only game in town for yield-hungry investors.
May 2,2019
While Prime Minister Theresa May's leadership remains precarious, the news concerning cross-party Brexit talks is proving supportive for Sterling at present.
May 1,2019
Reports out overnight suggest the countdown to Prime Minister Theresa May's departure have begun, and this could make for a weaker Pound Sterling over the summer as the next leader of the country pursues a 'Brexit at all costs' policy.
April 30,2019
The Pound opens the new week with a gain on the Euro and U.S. Dollar and the outlook this week hinges on the outcome of cross-party talks and Thursday's local council election results.
April 29,2019
A Tory thrashing in local elections should focus minds on the British Pound says a leading foreign exchange analyst we follow.
April 26,2019
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