"The scope for the Pound to rebound in the near-term is likely to remain capped by unfavourable Brexit developments in the month ahead." - MUFG.

June 8,2018

The Pound rose sharply against the Euro and Dollar Tuesday as traders responded to the latest IHS Markit services PMI, which showed activity within the UK's largest economic sector rising strongly in May.

June 5,2018

Those looking for a stronger Pound may be disappointed this month and have to wait till the Autumn for further progress on Brexit negotiations say Blackrock, one of the world's largest asset management firms.

June 5,2018

We note the Pound turned lower at around the time the news was made available suggesting to us currency markets are seeing a building up of politically-tinged risks on the near-term horizon.

June 5,2018

The Pound crept higher against many of its developed world rivals Monday as markets rediscovered their appetite for risk and traders responded to a better than expected May IHS Markit construction PMI, which showed one of the UK's largest economic sectors continuing to recover from its first-quarter slump during the recent month. 

June 4,2018

Pound Sterling advanced against its developed world rivals during morning trading Friday as markets responded to surprise increase in the IHS Markit manufacturing PMI, which came after production at the UK's manufacturers rose faster than was expected during the recent month. 

June 1,2018