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Sinking feeling again

Pound Crosses UK Prime Minister Boris Johnson tweet-reminded his government's position: "We are ready to work with our friends and partners to get a deal....

He might risk a general election

The Pound last week racked up its 13th consecutive down week against the Euro, and its 10th down week out of the last 13...

Brexit: Could Boris call new election?

Sterling has started the week under a lot of pressure, which follows weekend polls showing, in one case, a 10-point "Boris bounce" swing in...

Two weeks after…..

GBPJPY      On July 3rd we wrote: Another pair that hit 6-month low was GBPJPY, which is currently trading at 135.38. The asset seems to be...

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...

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...

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USA500 – The Bid Goes On

Mixed Footing for Sterling