07 Apr 2018 00:03 | FX Empire |
The British pound broke down below the 1.40 level during the week but turned around to form a hammer. The hammer of course is a bullish sign and I think if we can break above the top of the hammer, we could go looking towards the 1.43 level above.
more06 Apr 2018 10:33 | Pound Sterling Live |
The Pound-to-Euro exchange rate is noted 0.42% higher at 1.1483 at the time of writing, taking it back to a key resistance level that it has been trying to break above for months now.
moreTraders this week largely shrugged off disappointing survey data and searched instead for more meaningful signs of economic weakness that could deter the Bank of England from its path of monetary tightening.
moreLast week saw quite a bit of volatility in the British Pound around the Bank of England's Super Thursday . The rate decision, quarterly inflation report and press conference all pointed to a more-hawkish tilt at the Bank of England; and Mark Carney ...
more12 Jan 2018 01:30 | Pound Sterling Live |
The Pound-to-Dollar exchange rate meanwhile remains below January highs at 1.3550 amidst a broad-based recovery in the Dollar.
more10 Jan 2018 03:33 | Express.co.uk |
The pound fell 0.21 percent against the euro to 1.1316 at 9:07am in London as news emerged that EU regulators sent out “be prepared” threats to a number of key UK industries before Christmas. The Financial Times reviewed the memos and reported that the ...
more02 Jan 2018 00:55 | Pound Sterling Live |
The sector has been a bright spot for the economy over recent months with activity claiming to multi-year highs; in part thanks to the devaluation of Sterling which has ignited international interest in British produce which is now relatively cheaper ...
more18 Dec 2017 03:45 | Pound Sterling Live |
Sterling, at best, will go on bumping along in the new (low) post-referendum range,” says Kit Juckes, chief foreign exchange strategist at Societe Generale.
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