What’s next for Sterling exchange rates?

What’s next for Sterling exchange rates?

The last week was fairly quiet for Sterling exchange rates, with both GBPEUR and GBPUSD moving within a 1% range for the whole week. The main focus was on Fed Chair Powell pretty much confirming an interest rate cut in the U.S at the end of this month, which will...
GBP remains subdued against Euro & Dollar

GBP remains subdued against Euro & Dollar

Sterling has struggled to find real support against the Euro and Dollar over the last couple of months- it seems that even though the Fed is set to cut interest rates and the EU economy is slowing down- it is still not enough for Sterling to make any real gains...
Sterling continues to weaken for 8th week running.

Sterling continues to weaken for 8th week running.

For those of you trading Sterling, you would know that since Easter, we have seen a downtrend on the Pound against all majors, but mainly against the Euro. We are currently trading between 1.1120-1.1166, and it seems that the downtrend will continue down to 1.10...
Forecasts downgraded after worst weekly run in 2 years for GBPEUR

Volatility expected for Sterling

There have been several important political developments over the last 24 hours which have begun to impact Sterling in a big way. British PM, Theresa May has confirmed that she will announce her timetable for her departure as PM in June, whether she is able to deliver...