Author: Josh Ferry Woodard
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Pound Plunges to Multi-year Lows Daily Update
July 6 2016Sterling The Pound tanked across the board yesterday as the economic impacts of the historic ‘Brexit’ vote started to be felt At least three … read more
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UK Construction Activity Hits 7-Year Low on 'Brexit' Concerns Daily Update
July 5 2016Sterling Extremely disappointing UK construction data hit policymakers like a hammer yesterday Markit Economics reported that construction activity … read more
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Pound to Euro Exchange Rate Hits 2.5-Year Low GBP to EUR
July 4 2016The Pound to Euro exchange rate hit a new two-and-a-half-year low last week in reaction to dovish comments from Bank of England Governor Mark … read more
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Pound Projected To Weaken Further Vs. US Dollar GBP to USD
The Pound to US Dollar exchange rate hit a 31-year low of around 131 last Monday and GBP/USD has hovered close to that level ever since Lowest … read more
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Pound Hits New Yearly Lows Daily Update
Sterling The Pound fell to new lows versus most of the majors on Friday as Bank of England Governor Mark Carney’s suggestion that interest rates … read more
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Sterling Slides As BoE's Carney Promises Summer Stimulus Daily Update
July 1 2016Sterling The Pound weakened considerably against all of its major currency peers yesterday in response to a statement from Bank of England Governor … read more
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Daily Update: Sterling Rises But Recession Risks Weigh Daily Update
June 30 2016Sterling The Pound managed to rally against the majors again yesterday as plucky traders tentatively bet that Britain may not go through with the … read more
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Sterling Rebounds Slightly Following Mass Selloff Daily Update
June 29 2016Sterling The ‘Brexit’-related Sterling selloff paused yesterday and the Pound managed to recover a little bit of the collateral losses it … read more
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Daily Update: Sterling Strikes New Multi-Year Lows Daily Update
June 28 2016Sterling Despite efforts from British Chancellor George Osborne to calm market fears and comments from prominent ‘Brexiteer’ Boris Johnson … read more
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Pound Hits 31-Year Low Vs. US Dollar After 'Brexit' Vote GBP to USD
June 27 2016After touching a 2016 high of 150 on Thursday, the Pound to US Dollar exchange rate plummeted to a 31-year low of 132 at the start of this week’s … read more