The Pound tends to outperform in April, but underperform in May and ahead of general elections. Weakness over coming weeks could therefore be expected.
May 3,2017
The assumption has been that the June election will lead to a better deal with Europe and consequently a strong Pound, but not all analysts agree.
May 3,2017
A major barometer of Manufacturing activity in the UK, the Purchasing Manager Index, showed a marked gain on Tuesday after it rose to a three-year high of 57.3 in April from 54.2 in the month before.
May 2,2017
The “key pillar of GBP bearishness is cracking,” say BMO Capital Markets.
May 21,2017
Pound Sterling is in demand on Thursday, April 27 amidst a broad-based aversion to risk amongst global investors.
April 27,2017
Putting it all together, Deutsche Bank’s new Sterling forecast reflects a more optimistic view of the Brexit endgame, but not of Sterling fundamentals.
April 26,2017
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