The Swedish Krona weakened over a percent on Thursday after the Riksbank decided to hold the refinancing rate that it offers to banks unchanged at –0.25%, with a view to keeping the rates 'lower for longer', in line with sluggishly low growth and inflation.
April 25,2019
Gains by Sterling on news of May's reprieve ultimately proved short-lived and we are told by a number of currency analysts that markets will remain nervous of holding Sterling amidst growing concerns that the ongoing Brexit impasse and delay are damaging the economy, we are told.
April 25,2019
The British Pound and Euro remain under pressure against a resurgent U.S. Dollar at the mid-week point of a holiday-shortened week, but a big breakout in the UK currency is imminent we believe as domestic political pressures continue to build.
April 24,2019
Pound Sterling is seen trading mixed as traders return to their desks after a long Easter weekend, with the currency being tipped to take cues from political headlines over coming days and currency specialists telling us to expect a pick-up in volatility.
April 23,2019
An analyst at Swiss investment bank UBS suggests investors limit their allocation to UK assets - Pound Sterling included - until the current uncertainty around Brexit clears. However, others are more bullish on the currency saying the Bank of England could be tempted to raise interest rates in August, which would be a positive for the currency.
April 23,2019
The Pound will come under pressure if the odds of a no deal Brexit rise from 15%, which they surely will as the Conservatives forced into delivering Brexit on October 31 amidst fierce backlash from Brexit voters.
April 19,2019
Pound Sterling was seen outperforming peers on Thursday, April 18 after UK retail sales data surprised the currency market traders by printing at a stronger level than was expected.
April 18,2019
Page 198 of 412
