Monthly Wrap: GBP – Pound left weaker by political ...
In June pound movement was largely dominated by politics.
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In June pound movement was largely dominated by politics.
The latest UK political developments failed to boost GBP exchange rates, with the pound generally easing lower against most of its rivals.
Monetary policy and Brexit were the key issues that kept the pound on the wobble last week.
The Bank of England (BoE) has really got the pound moving this week, with fresh rate-related remarks helping GBP exchange rates recover some of their
Bank of England (BoE) Governor Mark Carney sent the pound tumbling yesterday with his pessimistic assessment of the need for higher interest rates.
The pound returned to post-election lows on Monday as the fallout from last week’s UK general election continued.
The UK took to the polls yesterday in GE2017 and it is fairly safe to say that Prime Minister Theresa May didn’t get the result she was hoping for.
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