Author: Josh Ferry Woodard
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Sterling Slides as BoE Economist Speaks of 'Muscular' Monetary Policy Daily Update
July 18 2016Sterling The Pound softened across the board on Friday as UK construction output printed dreadfully and the Bank of England’s chief economist … read more
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Pound Rises on BoE Surprise Daily Update
July 15 2016Sterling The Pound zipped higher against the majors yesterday in response to the Bank of England’s decision to leave rates on hold at the record … read more
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Sterling Slides Ahead of BoE Rate Decision Daily Update
July 14 2016Sterling The Pound softened yesterday as the relief of Britain finding a new Prime Minister in Theresa May wore off Traders’ attentions turned to … read more
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Theresa May Rally Carries Pound Higher Daily Update
July 13 2016Sterling The Pound’s Theresa May relief rally continued yesterday as investors cheered the early anointing of the Home Secretary as Prime Minister … read more
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Pound Rises On Early Conclusion of Tory Leadership Contest Daily Update
July 12 2016Sterling The Pound avoided further losses yesterday – having initially gotten off to a bad start – as markets reacted positively to news that … read more
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'Brexit' Prompts New 31-Year GBP/USD Lows GBP to USD
July 11 2016Sterling struck a new 31-year low against the US Dollar last week as investors pulled out of commercial property funds in reaction to the UK’s … read more
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GBP/EUR Slides to 2013 Low GBP to EUR
The Pound to Euro exchange rate struck a near-three-year low last week as the fallout from Britain’s decision to leave the European Union started … read more
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Sterling Stabilises Ahead of BoE Rate Announcement Daily Update
Sterling Sterling stabilised on Friday following another week of sizable losses However, the main event on the calendar this week is the Bank of … read more
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UK Economy Starts to Shrink Daily Update
July 8 2016Sterling Sterling stabilised somewhat yesterday, following two days of severe losses, but remained close to multi-year lows versus most of the … read more
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Sterling Rout Continues On Property Investment Freezes Daily Update
July 7 2016Sterling The Pound tumbled to new multi-year lows yesterday as more commercial property funds were forced to suspend trading following a surge of … read more