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Pound Under Pressure as Customs Union and Brexit Claims Hit Markets
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Pound Under Pressure as Customs Union and Brexit Claims Hit Markets

The Pound is being pressured lower against other currency majors such as the Euro (GBP/EUR) and US Dollar (GBP/USD) as markets went back and forth over claims surrounding the UK’s relationship with the EU after Brexit.  Up and Downs – Pound’s Performance so Far 2018 So far this year, the Pound to Euro (GBP/EUR) exchange...

Pound Exchange Rate Forecast: Could Sterling Rise with the August BoE Interest Rate Meeting? Haldane Speaks
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Pound Exchange Rate Forecast: Could Sterling Rise with the August BoE Interest Rate Meeting? Haldane Speaks

The Pound has begun Thursday trading above 1.14, between levels of 1.1427 and 1.1476. Yesterday Sterling gained some favour when reports hit markets that the UK could be open to remaining in the customs union after Brexit. However, the Pound has weakened this morning as a Government source has suggested that the claims yesterday weren’t...

GBP/USD Drops on Stronger Dollar, GBP/TRY Jumps on Politics, GBP/NZD Rises Despite Dairy Increase
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GBP/USD Drops on Stronger Dollar, GBP/TRY Jumps on Politics, GBP/NZD Rises Despite Dairy Increase

The Pound to US Dollar (GBP/USD) exchange rate sank on Thursday after US Advance Retail Sales printed positively and UK wages remained uninspiring. Meanwhile, the Pound jumped dramatically by over 2.0% against the Turkish Lira (GBP/TRY) as political developments unfolded and investors sold-off emerging market currencies; Sterling also made gains against the New Zealand Dollar...

Pound, Euro, US Dollar Exchange Rate Forecast: Brexit, US/China Trade, and Geopolitical Tensions
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Pound, Euro, US Dollar Exchange Rate Forecast: Brexit, US/China Trade, and Geopolitical Tensions

The Pound to Euro (GBP/EUR) and Pound to US Dollar (GBP/USD) exchange rates were both trending higher in the second half of Monday’s session as markets eyed the potential for some choppy trading ahead. GBP, EUR, USD Exchange Rate Forecast: 2018 Volatility Ahead Brexit, trade tensions between the US and China, and larger geopolitical tensions...