Brexit

There is more Brexit uncertainty for sterling to absorb but it will eventually catapult higher once the referendum results in a win for ‘in’.

If the UK votes to leave the EU than the EUR to GBP conversion will hit equality suggest two forecast notes.

RBC Capital Markets have put out some useful pointers to help form the debate over the UK’s in/out referendum on future European Union membership.

Here are the views of a number of currency analysts in the wake of Monday’s deep slide in the pound.

Foreign investment demand for UK assets will remain as robust as ever in the event of the UK leaving the European Union it is argued.

A relatively quiet day for economic data leaves markets to focus on the EU leaders’ summit in Brussels.

What drives the pound? The answer is Foreign Direct Investment.

“The UK will need to get beyond “Brexit” fears before GBP can strengthen, but once it does, the rally is set to be sizeable.” - HSBC.

Markets are misplaced in thinking EU referendum risks will result in the pound sterling falling against the euro it is argued.

A new poll shows the majority of UK citizens desire to leave the European Union.

Several bank analysts are highlighting the referendum on E.U membership as probably the single most important event for sterling in 2016. 

Analysts at Credit Suisse see multiple Brexit flash points as increasing the chances of volatile swings in the pound in 2016, as they down-grade their GBP forecasts. 

We reported earlier this week that a leading Swedish bank had taken a negative stance on the pound / dollar exchange rate.

British Pound Forecast to be Weakest Performing Currency of 2016.

A vote on the UK's membership of the European Union and a new round of fiscal austerity could keep a lid on British pound strenght in 2016.

An exchange rate forecast note for 2016 from ING says strength will in the British pound will likely be capped in 2016 owing to political uncertainty surround the EU referendum.

Bank of America Merrill Lynch Global Research have let their position on a British exit from the European Union be known.