Pound Sterling Forecast – The week ahead
Last week saw the Pound’s losses continue, despite the speech on Wednesday from Boris Johnson during which he attempted to galvanise the British public into banding together and tackling Brexit with...
View ArticleInteresting start to the week for Sterling exchange rates – Pound gains...
Sterling has had a reasonably volatile day considering that we have had very little in terms of economic data out, with political issues appearing to be the main driver of the market. We have had news...
View ArticleSterling strength in a positive week for the Pound so far – Will the strength...
This week has been the best week of the year so far for Sterling exchange rates, seeing a lift for the Pound against all major currencies and setting some new longer term highs against a few along the...
View ArticleSterling outlook for the week ahead – What may impact Sterling exchange rates...
Last week was indeed one of the most crucial for the Pound this year, with the announcement that the Brexit transitional phase has been all but agreed on Monday. The final vote on this took place at...
View ArticleSterling spikes against most majors – A good week for the Pound but will it...
Sterling spiked against all major currencies in trading yesterday afternoon, hitting the highest point since June 2017 against the Euro and offering those looking to buy foreign currency in the near...
View ArticleWill the Bank of England raise interest rates? This will be key for Sterling...
The key to the performance of the Pound in the next few weeks will be the likelihood of an interest rate hike, which has dipped a little over the past week. Bank of England Governor Mark Carney...
View ArticlePound still suffers amid poor data and political uncertainty – Will it bounce...
The pound has dropped off in value against most major currencies over the past week or so, with Sterling dropping tyo the lowest point we have seen against the Dollar in the calendar year. The first...
View ArticleSterling gains against Euro yet drops against other major currencies
Yesterday’s trading saw Sterling hit the best levels we have seen this week against the Euro whilst losing ground against most other majors. Euro buyers were handed an opportunity in an otherwise poor...
View ArticleStronger day for Sterling as UK Retail Sales rebound, is this a turning point...
After some disappointing economic data yesterday morning, the Pound has seen a reverse in its fortunes today after some positive data was released this morning. Yesterday’s data showed a shock drop in...
View ArticleItalian political issues appear to be the main driver for currencies so far...
The week so far has seen quite a lot of volatility for Sterling exchange rates, however the reasons for the Pound moving against most major currencies are not down to political or economic data from...
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