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GBP vaulted upwards – Could this be sustained?

EURGBP Sterling vaulted higher on the perky UK wage data, which prompted interbank and short-term speculative participants to put a squeeze on short positions, especially...

GBPCHF: Brexit VS Endless “War” messages

Sterling has hit fresh trend lows against the Dollar, Euro and Yen, among other currencies. EURGBP buying has been the latest focus of Pound...

Sterling suffers on fresh Brexit news

GBPJPY remained heavy amid safe haven demand for the Yen but also amid a weak Pound on Brexit fatigue. The low reflected safe haven...

Everything depends on Brexit afterall

The BoE left monetary policy unchanged yesterday, as widely expected. The updated forecasts from the inflation report are somewhat more bullish on growth, which...

Cable dragged lower by EURUSD

Cable has been dragged lower by declines in EURUSD, which has driven the pair to a two-month low at 1.2944. The Pound concurrently ebbed against...

Lack of progress underpins Pound

The Pound has taken a dive on Brexit news, with The Guardian citing Labour leader Corbyn saying that there "is no agreement yet" between...

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