Sterling: Brexit, France, and Beyond

Main pointsWe maintain our bearish stance on the British pound, with short-term risks skewed to the downside. Although the pound has edged higher on a trade-weighted basis since we turned bearish

CSOPOct 7 23:33

The pound has continued to rise amid heightened volatility this year, but the two most critical hurdles are now approaching!

Over the past few months, the pound has weathered virtually all the bad news. However, the rationale underpinning it is beginning to weaken, and the real test will begin in September.So far this year,

Jin10Sep 9 21:28

The UK government's new budget has become a market focal point, with the pound facing potential downside pressure after a strong rebound.

This year, the British pound has largely remained unfazed by the government's change of leadership and geopolitical headwinds, outperforming many major currencies. However, the currency's recent

Zhitong FinanceSep 9 15:30

Sterling Should Benefit If U.K. PM Sticks to Fiscal Rules -- Market Talk

1201 GMT - Sterling should perform well as new U.K. Prime Minister Andy Burnham is unlikely to veer from his commitment to the fiscal rules, J.P. Morgan's James Nelligan says in a note. Sterling's

WSJJul 21 20:01

Starmer's resignation reduces political uncertainty in the UK, prompting JPMorgan to turn bullish on the pound.

JPMorgan foreign exchange strategists believe that Starmer's resignation has enabled the Labour Party to rally around its likely future leader, Burnham, who has recently notably downplayed his earlier, more radical fiscal proposals, 'which means that carry trades, UK resilience, valuation, and positioning are better able to support the pound.'

WallStreetCNJun 23 04:23

Sterling Could Stay Supported by Attractive Yields -- Market Talk

1211 GMT - Sterling could remain supported by attractive yields even after U.K. Prime Minister Keir Starmer resigned on Monday, UBS Global Wealth Management economist Dean Turner says in a note. The

WSJJun 22 20:11