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Category: GBP

Dollar Weakens After Powell Comments

The dollar fell to a five-day low this morning after Federal Reserve Chair Jerome Powell kept the door open for U.S. interest rate cuts, though investors were wary of selling […]

Sterling Hits 2 Year Low

Sterling fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a no-deal Brexit and a […]

Continuing Trend – Pound Drops Further

The British pound fell further this morning amid worries about the threat of a no-deal Brexit under the next prime minister and a deteriorating UK economy. In the latest sign […]

Sterling Predictions

Sterling would rally substantially if Britain leaves the European Union with a deal but weaken further if no we leave without. After suffering its biggest loss against the euro in […]

Worst UK Construction Data In 10 Months

Sterling fell to a two-week low versus the dollar as a broadly resurgent dollar sapped appetite for the British currency after the United States and China agreed at a G20 […]

GBP Hits 10 Day Low Vs USD

Sterling fell on Monday to a 10-day low against the stronger dollar after the United States and China agreed at the G20 summit in Japan to restart trade talks. The […]

Pound Falls To 5 Month Lows

The British Pound fell to a 5-month low this morning as investors continued to fear the possibility of a no-deal Brexit should Boris Johnson win the Conservative party leadership race. […]

Market Update

Bank of England Governor Mark Carney said the BoE would only factor the possibility of a no-deal Brexit into its economic forecasts if Britain’s next prime minister decides to leave […]

Dollar Gains After Fed Comments

The dollar this morning as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials. Fed Chairman Jerome Powell stressed the central bank’s independence from […]

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