Bank of America believe the Pound will remain under sustained pressure in 2017 before recovering somewhat against the Dollar. However, against the Euro there should be limited prospect of any upside.

June 22,2017

Pound Sterling defended itself against the Euro and US Dollar during the course of the week 12-16 June.

June 18,2017

There has been some excitement on Sterling over the past 24 hours with traders buying the currency in response to the Bank of England’s June policy decision that showed an increase in the number of policy-makers willing to raise interest rates.

June 19,2017

The decision by the Bank of England’s Monetary Policy Committee to vote 5-3 to keep interest rates unchanged should represents a major shift in the markets’ stance towards the British Pound we are told.

June 19,2017

The annual Mansion House speech is one of the highlights of the City of London’s annual calendar as the Chancellor of the Exchequer typically uses it to set out their view of the economy.

June 15,2017

The Bank of England voted 5-3 to keep interest rates unchanged - the vote was a shock to markets who have scrambled to buy Sterling.

June 16,2017