Foreign exchange markets continue to increase bets against Pound Sterling in anticipation of further downside moves but positioning is now looking extended meaning the potential for deeper downside could be fading.
August 29,2018
The Pound crept higher during early trading Thursday as traders took up positions ahead of the release of retail sales data for July, which some hope will show a rebound in spending on the high street following a disappointing set of figures for June.
August 17,2018
The Pound reversed course and sank lower against the Dollar early in the Wednesday session after official data showed the UK consumer price index rising only a fraction during July, when some analysts and economists had penciled in a larger increase.
August 16,2018
A busy week of UK data releases kicks off today with employment and wage data due for release at 09:30 B.S.T.
August 14,2018
The British Pound has endured notable weakness over recent weeks but a prominent bank tells us that the currency should recapture lost ground into year-end as fears of a 'no deal' Brexit fade.
April 9,2019
Data on the positioning of traders on the global foreign exchange market confirm jump in bets against both Pound Sterling and the Euro.
August 11,2018
The Pound extended losses against its rivals Friday after official data showed economic growth surprising on the downside in June, denoting a poor hand-off to the third-quarter, at a time when the currency was already under mounting pressure from unease over the trajectory of Brexit negotiations and mounting geopolitical tensions.
August 16,2018
Page 231 of 412
