The Pound remains “extremely cheap” and with a Brexit transition deal now in the bag, fading economic uncertainty should create scope for the British currency to regain its poise against the Euro and US Dollar, according to strategists at ING Group.
March 26,2018
Sterling has surged higher this morning after Brexit negotiations finally bore fruit.
March 19,2018
A news conference to be held 11:45 GMT will form the highlight for Sterling today as markets look for signs that a deal on a transitional Brexit period will be agreed later in the week.
March 19,2018
The Pound and Euro were flat against the US Dollar during risk-off trading Friday as markets prepare for potential adverse news-flow over the weekend as well as an action-packed week ahead.
March 16,2018
UK high-street name Lloyds Bank have announced an upgraded to their Pound Sterling forecasts against the Dollar and Euro.
High-street lender announce they are upgrading forecasts for the Pound on the assumption that Brexit risks are fading, while the UK economy continues to perform to a level that should allow the Bank of England to raise interest rates in May.
March 16,2018
UK Brexit Minister Robin Walker says the UK and EU are "very close" to a transitional Brexit deal, analysts tell us why this is positive news for Pound Sterling.
March 13,2018
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