Author: Josh Ferry Woodard
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Sterling Jumps On BoE Dissent Daily Update
March 17 2017Sterling Sterling registered a rare day of gains yesterday as one Bank of England policymaker shocked markets with a vote for an immediate rise in … read more
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'Cable' Rallies Despite Fed Hike Daily Update
March 16 2017Sterling For the second day in a row, Sterling was subject to marked volatility around 6AM yesterday morning Having tumbled on Tuesday morning, the … read more
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Brexit Fears Drag Pound Lower Again Daily Update
March 15 2017Sterling Markets appeared to react to news of the proposed second Scottish independence referendum and the imminent triggering of Brexit yesterday … read more
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Sterling Strengthens Despite Second Scottish Referendum News Daily Update
March 14 2017Sterling The Pound recovered some ground versus the majors on Monday following a spate of losses last week There were no key data releases on the … read more
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7-Week Low GBP/USD Ahead Of Expected Fed Rate Hike GBP to USD
March 13 2017The GBP/USD exchange rate slid by around -150 pips to strike a seven-week low last week as markets fully priced in the prospect of a Federal Reserve … read more
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Risks Ahead For GBP/EUR Exchange Rate GBP to EUR
The Pound to Euro exchange rate tumbled by over a cent last week, sliding from a six-week low to a seven-week low as UK consumer growth showed signs … read more
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Surging Fed Rate Hike Bets Fail To Lift US Dollar Daily Update
Sterling Demand for Sterling remained soft on Friday as traders continued fretting over the potential consequences of Britain’s imminent exit from … read more
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Spring Budget Supports Sterling But 7-Week Lows Remain In Sight Daily Update
March 9 2017Sterling The Pound found respite following Chancellor Philip Hammond’s Spring Budget yesterday, however, Sterling had already lost ground versus … read more
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Pound Hits 7-Week Lows Daily Update
March 8 2017Sterling The Pound tumbled against most of the majors yesterday as new data added weight to the argument that rising inflation could detract from UK … read more
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Pound to Euro Exchange Rate Touches 6-Week Low Daily Update
March 7 2017Sterling Following last week’s disappointing performance the Pound continued to slide at the beginning of this week’s session Worries over … read more