What the Pound needs is May to deliver a statesman-like, error-free and compelling speech, one that assures markets that they won't have to face the uncertainty of another general election and one that suggests May will ultimately prevail in pushing her Brexit plan across the line.
October 4,2018
The Conservative party conference remains the key risk event for Pound Sterling to navigate near-term and we are told by one global investment bank that the currency should be avoided as a result.
October 2,2018
The British Pound strengthened against its main rivals at the start of the new month thanks to a strong Manufacturing PMI reading and news that the U.K. was prepared to shift its stance on the Irish border question to seal a Brexit deal before year-end.
October 2,2018
The Pound steadied into the final session of the week despite a larger-than-expected widening of the currenct account deficit during the second-quarter, a fall in business investment and downward revision to first-quarter GDP numbers ahead of a weekend that could see political instability return to haunt Sterling.
September 28,2018
The British Pound is likely to experience a "small bump" after a Brexit agreement, followed by a gentle unwind on disappointment at the shallow path for interest rates by the Bank of England say Barclays in their latest set of forecasts.
September 30,2018
"Increasingly, the doomsday interpretation seems overdrawn" says Brian Martin at ANZ with regards to a 'no deal' Brexit.
November 6,2018
A leading investment bank tells clients to expect the British Pound to be one of the weakest G10 currencies over the next three months.
September 26,2018
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