The Pound is headed back toward its post-referendum lows over the coming months, according to analysts at ING Group who have downgraded their forecasts for the UK currency over near-term timeframes.
July 24,2018
The British Pound perked up somewhat ahead of the weekend, coming off recent lows against the Euro and surging above 1.31 against the Dollar following the closing of Brexit-related talks in Brussels.
July 22,2018
The Pound weakened further against the US Dollar and Euro Thursday after official data revealed a surprise contraction in UK retail sales during the June month.
July 19,2018
HSBC say the Pound is around fair value reducing chances of further devaluation but any "slam dunk" news on Brexit to allow Pound to "burst through" current familiar ranges. GBP could rise versus EUR in very short-term as outlook for later deteriorates.
July 19,2018
The tone adopted by Dominic Raab and Michel Barnier following their meeting to discuss ongoing Brexit negotiations could trigger moves in the Pound over coming hours and days.
July 19,2018
The Pound slumped against the US Dollar and Euro Wednesday after official data showed UK inflation surprising on the donwside in June, prompting fresh questions about whether the Bank of England will be able to raise its interest rate in August.
July 19,2018
"Risks remain skewed" to the downside for Sterling we are told by analysts and we believe comments from EU negotiators Barnier and Raab present the next key hurdle for the UK currency.
July 18,2018
Page 235 of 412
