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Sterling Pounded – 18th July 2016

Sterling Pounded After a great day on Thursday, following the Bank of England's failure to deliver the expected interest rate cut, Sterling had a troublesome day on Friday. Profit-taking was part of the problem but Sterling's decline was mainly the result of a speech by Bank...

British Sport out performs the British Pound – 11th July 2016

British Sport out performs the British Pound British sport certainly had a much better weekend than the British Pound with messrs Froome, Murray and Hamilton recording magnificent victories while Sterling just about broke even against the other dozen most actively-traded currencies. Although Sterling lost out to the...

Battle of Brexit Continues – 8th May 2016

Battle of Brexit Continues Opinion pollsters are now showing that the Leave vote is now ahead while the bookmakers indicate a continuing lead for Remain. Many investors fall into the "Don't Know" category, hence the volatility of Sterling in recent weeks. On Monday it was higher...

What Month for Sterling – 31st May 2016

What month for Sterling During May Sterling has strengthened by 7.5% against the Australian Dollar, 5.5% against the Euro and NZ Dollar, 4% against the Canadian Dollar and 2.7% against the US Dollar. Every sign points towards Sterling's recovery being driven by opinion polls pointing to a...

Sterling’s Talisman again is Mark Carney – 25th May 2016

Sterling's Talisman again is Mark Carney Sterling started to move higher almost as soon as London opened yesterday and extended its lead as the morning progressed. It hesitated only slightly when the UK public sector borrowing data for April confirmed that the Chancellor's deficit reduction efforts...