Before piling into GBP/USD, traders should consider that the Pound-to-Dollar pair has printed a lower close for each of the last three weeks after having established itself in a downtrend.
October 11,2017
A diplomatic crisis between the Turkish and US authorities has shaved several percentage points off the already weak Lira but despite the severity of the dispute most analysts expect a cordial conclusion and the currency weakness as only temporary.
October 11,2017
Data from the world’s largest foreign exchange dealer - Citi - shows a growing demand for the British Pound which suggests the currency might have turned a corner, despite persistent concerns over the health of Brexit negotiations between the UK and EU.
October 10,2017
Theresa May has been on the ropes recently and the pressure does not appear to be letting up; if she resigns and a snap election is called Labour might swoop into power - it's not as far-fetched as it might seem.
October 10,2017
Tuesday’s industrial data could make or break the economic narrative around Sterling ahead of November’s Bank of England monetary policy meeting
October 10,2017
Foreign exchange analysts at Bank of America Merrill Lynch upgrade their forecasts for the Pound against the Euro and US Dollar at the start of October, thanks to expected moves at the Bank of England.
October 10,2017
The negative cost to the Pound of deadlock in ongoing Brexit negotiations could soon be felt warn Morgan Stanley.
October 10,2017
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