Pound Sterling is the day's best-performing major currency following a series of developments that all point toward a softening in the state of play around Brexit.
January 14,2018
2018 is unlikely to be the year of palpable relief for Sterling argue analysts at German investment bank Joh. Berenberg, Gossler & Co who have found the Pound to be undervalued by as much as ten percent on a trade weighted basis.
January 12,2018
Manufacturing output and exports both gathered pace in November, which is positive for fourth-quarter GDP numbers due later in January.
January 10,2018
Pound Sterling should remain firm against an overbought Euro over coming days abut gains should ultiamtely remain limited as traders eye the next phase of Brexit talks.
January 9,2018
The British Pound could again be one a best-performing currency in 2018 argue analysts at a leading international financial services provider.
January 9,2018
Higher productivity should lead to higher wages which should in turn allow the Bank of England to confidently raise interest rates. And higher interest rates make for a stronger Pound.
January 5,2018
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