You would expect rising inflationary pressures in the UK to revive the BoE hawks, and therefore be Pound positive. However, the data have as yet failed to breathe any life into Pound crosses. Traders are possibly of the view that inflation is still not ...
moreNews of steady house prices in the United Kingdom couldn't do much to bolster a British Pound beset once again by Brexit worries on Monday.
moreAsia markets were tested on Monday as the British pound fell more than 1 percent on fears preparing the United Kingdom is ready for a hard exit from the European Union, while shares of Japanese airbag maker Takata tumbled more than 8 percent.
more| 15 Jan 2017 17:03 | MarketWatch |
LONDON—The British pound fell sharply against the dollar on Sunday ahead of a key speech by U.K. Prime Minister Theresa May in which many investors believe she could spell out an end to her country's participation in European Union's single market.
more| 03 Dec 2015 03:28 | Pound Sterling Live |
The pound has suffered losses against a recovering euro of late with the EUR/GBP seeing an Elliott wave count which advocates for a potential rally to 0.7130/75 before resuming its move lower.
more| 26 Oct 2015 04:57 | Pound Sterling Live |
"The pound slipped against both the dollar from GBP/USD 1.5350 to 1.5310 and the euro from EUR/GBP 0.7190 to 0.7210.
more| 13 Feb 2015 04:41 | Future Currency Forecast |
The Pound Sterling to US Dollar (GBP/USD) exchange rate was trending within a tight range on Friday morning. After British data produced mixed results, the Pound is generally holding steady versus the majority of its most traded currency rivals. A ...
more| 13 May 2014 06:26 | Pound Sterling Live |
The British pound (GBP) is under pressure ahead of the Bank of England QIR, but interest rate yields suggest upside potential ahead.
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