Raab and Barnier heading for a fudge

Some potentially bad news for those wanting a stronger Pound Sterling: the currency's recovery might be delated as it is unable to rid itself of political uncertainty next year.

September 10,2018

Russian ruble in focus following Salisbury poisoning revelations

USD/RUB and GBP/RUB are forming chart patterns which indicate the potential for a volatile breakout commensurate with relations worsening between the UK and Russia.

September 6,2018

May and Merkel

The Pound has jumped: It appears a report about the potential softening of demands made by EU combined with comments from chief EU negotiator Michel Barnier are behind the move.

September 10,2018

The Pound shrugged off a surprisingly strong increase in the IHS Markit services PMI for August, which pointed to robust growth in the UK's largest economic sector, as uncertainty over the trajectory of the Brexit negotiations and a "risk-off" mood across markets kept Sterling under pressure during morning trading Wednesday. 

September 10,2018

Governor Carney and the Pound

Commentators are attributing a more robust performance in Sterling to Bank of England Governor Mark Carney who has confirmed he is seriously considering extending his term as Governor in order to oversee a smooth Brexit transition while saying markets are expecting a Brexit deal.

October 18,2018

British Pound outlook

The definitive exchange rate forecast targets for the three major currencies we follow for the remainder of 2018 and the first three quarters of 2019.

September 5,2018

Pound Sterling exchange rates selling off

The British Pound is underperforming its major rivals at the start of the new week as a barrage of fresh Brexit developments combine with a some below-expectation manufacturing data.

September 4,2018

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