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By Philip McHugh on September 06, 2019
Political developments set to drive further pound volatility
By Philip McHugh on September 05, 2019
Comments from Bank of England (BoE) Governor Mark Carney helped to boost the pound yesterday.
By Currencies Direct on September 04, 2019
After the Conservative government dramatically lost its working majority in parliament the pound was able to recover most of yesterday’s losses.
By Philip McHugh on September 03, 2019
The pound tumbled on Monday as markets braced themselves for a pivotal week in UK politics. Sterling also suffered as the latest Markit PMI report rev
By Currencies Direct on September 02, 2019
An unexpectedly strong increase in UK mortgage approvals helped fuel the pound’s recovery ahead of the weekend.
By Currencies Direct on August 30, 2019
A sense of political anxiety continued weighing on the pound even as Labour leader Jeremy Corbyn pledged to ‘politically stop’ Boris Johnson’s plan to
By Currencies Direct on August 29, 2019
The pound fell sharply out of favour as Boris Johnson moved to suspend Parliament for five weeks.