Pound volatile on Brexit uncertainty, ECB speculation bolsters euro Trade in the pound was mixed during last week’s session as some upbeat UK economic data was met by growing Brexit uncertainty. Sterling continues to struggle this week as well, with GBP/EUR tumbling to €1.1367 and GBP/USD sliding to US$1.3406. Looking ahead, the Federal Reserve and [...]

The pound weakens and was placed on the back foot again yesterday as a disappointing services PMI weighed heavily on Sterling sentiment.

The pound got off to a mixed start this week, with investors initially skittish in reaction to the resignation of the Home Secretary, Amber Rudd.

The pound struck higher against the majority of its peers as the UK currency found considerable strength from a faster-than-expected uptick in wage growth.

The pound was hit by volatility again last week as some mixed economic data and Brexit developments weighed on the currency.

Investors flock to US dollar. Last week saw the pound fluctuate following the Bank of England’s latest policy meeting and comments from Michel Barnier.

The Christmas break left the currency market sluggish, but things quickly got back up to speed as the New Year began. Pound Sterling is on mixed form today,

Last week saw the recent volatility in the pound continue as investors reacted to some important UK data and the last developments in the Brexit process.

Last week saw some major pound volatility as investors reacted to an eventful week in Brexit negotiations. The pound opened this week trading lower again, with GBP/EUR trending narrowly around €1.1317 and GBP/USD having slumped to US$1.3340. Sterling movement is likely to be more data driven this week due to a number of major domestic [...]

Last week delivered some much needed gains for the pound as the UK currency was lifted by reports that UK government was willing to offer €50bn in its divorce settlement with the EU. The pound starts this week on the advance, with GBP/EUR advancing to €1.1400 and GBP/USD trending above US$1.3500. To request an instant [...]