Smart Currency Business have collated predictions from major banks and highlighted key factors which may influence the pound, euro and dollar in their latest quarterly forecast.
Here the story has been less dramatic. After the initial collapse in the pound to a 35-year low against the USD and 11-year low against EUR, we’ve seen a recovery to a level slightly above the average since the Brexit vote.
With the more commonly known Forex Market operating with an average of $5.2 Trillion dollars exchanged per day, what role has Brexit played since the announcement (some 13 months previous… read more →
Are Brexit fears causing capital to flee out of Britain? The economic debate on the UK’s future in Europe hit a new low last night when Sky News cited recent… read more →
The relentless decline in sterling, witnessed since December 2015, appears to be slowing. Those watching currency markets in wait of a stronger British pound for their international payments have given… read more →
