Theresa May Pound exchange rate

The British Pound might have fallen over recent days on the back of doubts of Theresa May's grip of the helm of the Tory party, but any weakness stemming from this story will be short-lived says one analyst.

May 24,2018

Mark Carney

Those watching the British Pound today should be aware that the Governor of the Bank of England Mark Carney will be testifying before Parliament's Treasury Select Committee.

May 24,2018

Foreign exchange analysis

"This extremely negative sentiment towards the Pound makes us wonder whether the currency will stage a surprise reversal." - Forex.com.

May 22,2018

Sterling entered the new week on the back foot Monday, falling below a key technical level against the US Dollar as the greenback advanced and markets shunned the British currency in the wake of the latest developments in UK politics. 

May 21,2018

Bank of England

Two interest rate rises in 2018, followed by a further two interest rate rises in 2019 at the Bank of England are forecast to propel the British Pound higher against both the Euro and US Dollar say economists at independent advisory Capital Economics.

May 20,2018

Theresa May customs union

There are noises coming out of the foreign exchange space that the issue of the Brexit customs issue is starting to register on Pound Sterling.

May 17,2018

Hans Redeker Morgan Stanley

Foreign exchange strategists at global investment bank Morgan Stanley have told clients in a mid-year foreign exchange forecast update they are preparing to buy Pound Sterling, but only after further devaluation which they occuring over coming months.

May 16,2018

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