Tenreyro bank of england in focus for the Pound

Professor Silvana Tenreyro says she will be inclined to vote for a rate rise in near future but Governor Carney's measured tone disappoints Sterling-bulls who are hungry for hints on potential interest rate rises in 2018.

October 18,2017

Pound trades higher as traders get back to their desks in London

Pound Sterling was seen moving higher at the start of the new week as London markets took the reins from Asia.

October 16,2017

City of London

Economists at Lloyds Bank have upgraded their end-2017 forecasts for Pound Sterling but have cut estimates for 2018 and beyond, while also remaining cautious in their projections for UK interest rates.

October 16,2017

European union

Pound Sterling performed a spectacular comeback against major currencies on reports the European Union are looking to offer the UK a two-year transition period.

October 13,2017

David Davis and Brexit negotiations

The Pound’s initial response to the outcome of the fifth round of Brexit negotiations between the European Union and United Kingdom was negative with little significant progress being announced.

October 12,2017

Trader exchange rates

Pound Sterling is to shake off Theresa May’s leadership dramas says a leading foreign exchange analyst who suggests the Pound will rise against the Euro longer term.

October 12,2017

pound exchange rate 2

"There is one thing an FX analyst does not have to explain, and that is when Sterling is weakening. However, whenever the British currency does not ease, then that is something that does require an explanation.”

October 12,2017

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