Category Archives: Foreign Exchange (Forex)

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Pound bounces around on Brexit negotiation posturing and rumours

Click to enlarge The Chancellor of the Exchequer, Philip Hammond, describing Brussels as ‘the enemy’ isn’t perhaps the best way to warm the frosty relationship._.

Industry Insider article by
torfx

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Political plotting and farce weaken British PM and prospects for the Pound

Click to enlarge From the dizzy heights of €1.14 from the lows of €1.07 just a few weeks ago, the pound was always going to._.

Industry Insider article by
torfx

The road to Brexit is full of potholes and speedbumps

click to enlarge Sterling had enjoyed a multi week high until data on Friday morning reminded the market that the road to Brexit is full._.

Industry Insider article by
torfx

Pound Sterling registers gains on Brexit update

Click to enlarge Following sanguine UK government borrowing figures on Thursday morning, Sterling popped during the afternoon in response to rumours Britain was prepared to._.

Industry Insider article by
torfx

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Sterling Soars Across the Board as BoE Hints at November Rate Hike

Click to enlarge Sterling surged higher across the board at the end of the week following a hawkish statement from the Bank of England (BoE).._.

Industry Insider article by
torfx

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Sterling’s woes continue

Click to enlarge Sterling dropped to the lowest point since October 2009 this week, with the prospect of it improving looking unlikely. Many currency buyers._.

Industry Insider article by
torfx