Author: Josh Ferry Woodard
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Hawkish Fed Remarks Send GBP/USD Lower Daily Update
June 20 2017Sterling The Pound traded mildly lower versus some of the majors yesterday as Brexit minister David Davis begun Brexit negotiations with his EU … read more
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Hawkish Fed & BoE Keep 'Cable' In Check GBP to USD
June 19 2017The Pound to US Dollar exchange rate inched higher last week thanks to a surprise three votes from Bank of England policymakers for higher interest … read more
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Pound Drifts Lower Ahead Of Brexit Talks Daily Update
Sterling Having rallied on Thursday in response to a surprise Bank of England policy announcement, which featured three votes for higher interest … read more
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3 BoE Rate Hike Votes Boost Demand For Pound Daily Update
June 16 2017Sterling The Pound caught a break yesterday thanks to a surprise split at the Bank of England The UK central bank left interest rates on hold and … read more
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Sliding Real Wage Growth Adds To Sterling's Woes Daily Update
June 15 2017Sterling Sterling softened against most of the majors yesterday as markets reacted to surprisingly downbeat UK labour market figures The headline … read more
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Sterling Recovers Slightly As Inflation Strikes 4-Year High Daily Update
June 14 2017Sterling Profit taking helped Sterling recover a little bit of ground yesterday, while a four-year high inflation print also lent support to the … read more
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Potential Delayed Queen's Speech Heaps More Pressure On Pound Daily Update
June 13 2017Sterling The Pound ceded more ground to the majors yesterday as political uncertainty in the aftermath of last week’s election gripped … read more
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'Cable' Down 3 Cents As Uncertainty Weighs GBP to USD
June 12 2017The Pound to US Dollar exchange rate plunged to a two-month low last week, depreciating around three cents on news that Britain was left with a hung … read more
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GBP/EUR Fragile At 7-Month Lows On Political Uncertainty GBP to EUR
The Pound to Euro exchange rate skidded to seven-month lows last week as Theresa May’s gamble to hold a snap election spectacularly backfired, … read more
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Sterling Settles Following Election Selloff Daily Update
Sterling Sterling suffered dramatic losses on Thursday evening when exit polls suggested Theresa May had lost her parliamentary majority The exit … read more