Why a ‘significantly undervalued’ pound will bounce back this year
Analysts at Barclays believe that sterling will rebound to $1.38 against the dollar within 12 months, and hit $1.32 by the end of this year. CREDIT: REX Szu Ping Chan … Continue reading
The Trump Effect on pound vs euro
I don’t know how or why but Trump has already increased the value of the pound in my pocket vs the euro! For weeks it has been stuck around 1.12 … Continue reading
Let the pound fall and the economy rise
Larry Elliott The Brexit trade-off of weaker currency, cheaper exports will make the economy less dependent on consumers and more reliant on producers British-made Land Rovers sit at the docks … Continue reading
Beyond the flash crash lies a simple truth: Brexit weakens the pound
A veteran analyst likens the markets’ reaction to the vote to the five stages of grief – except that the consequences will be more than merely personal May and Hammond … Continue reading
Sterling hits three-year low against the euro over Brexit worries
British pound drops sharply after Theresa May announces UK will trigger EU exit in March, suggesting immigration not single market is the priority Pro-Brexit demonstrators outside Downing Street in July. … Continue reading
Sterling slide is painful but what we need in a global deflation crisis
AMBROSE EVANS-PRITCHARD Telegraph 6 JULY 2016 The pound has had a spectacular fall but it is not such a bad thing in a deflationary world of currency wars Britain … Continue reading
Why a strong pound is to be welcomed rather than feared
A strong pound has normally been associated with a strong UK economy The pound has strengthened significantly against the euro in the past couple of years Photo: Alamy By Andrew Sentance … Continue reading
Pound jumps as Bank of England warns on inflation risk
Risk of higher inflation may prompt the Monetary Policy Committee to raise the Bank of England’s interest rate The Monetary Policy Committee voted to keep the Bank’s rates on hold … Continue reading
Windfall for tourists as pound hits new high against plunging euro
Talk of interest rate rise fuels seven-year high against euro but makes life tougher for UK exporters and puts unwelcome focus on household finances A strong pound means greater spending … Continue reading
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