Boris Johnson looks almost certain to be our next prime minister. Dominic Frisby looks at what that might mean for the pound.
Recent GBP/EUR articles
The pound hit four-month lows against the dollar last week amid another bout of political turbulence at Westminster.
Currencies crave stability. But there’s precious little of that around right now, says Dominic Frisby. So what hope is there for the pound?
Mark Carney has hinted that interest rates are likely to be higher than the market expects. The market shrugged. But if Brexit is even a little less awful than expected, investors could end up wrong-footed.
Sterling rose sharply yesterday after forex markets decided we’re likely to get May’s deal or no Brexit at all. John Stepek digests the latest developments and explains what they mean for your money.
The uncertainty surrounding Brexit has left sterling undervalued. And while it remains vulnerable for now, it’s a solid buy in the long run. Dominic Frisby explains why.
The pound hit a new 20-month low against the dollar this week as Prime Minister Theresa May postponed the Brexit vote.
The pound could rocket once we have a satisfactory resolution to Brexit, says Dominic Frisby. But we have to clear that hurdle first.
While the dollar surges, UK politics are making things decidedly tricky for the pound, which looks remarkably cheap right now. Dominic Frisby looks at what the future holds for sterling.
Despite a great start to the year, sterling has seen some dramatic falls recently. But, says Dominic Frisby, we may be getting close to a buying opportunity. Here’s why.
The pound has perked up. Last week it jumped to $1.43, the highest level since the referendum on leaving the EU.
In the last three months, the pound has risen by 20% against the US dollar. And there’s more to come. Dominic Frisby explains what’s driving sterling’s bull market.
The pound has hit its highest level against the dollar since the Brexit vote. But as John Stepek explains, that says more about the dollar than it does about sterling.
The European currency is alive and kicking. Jake Trask, research director at forex house OFX, explains how the euro became a strong and stable currency, and the outlook for investors.
William Shepherd, head of treasury at forex company OFX, explains what drives sterling’s movements in the currency markets.
Against pretty much every major currency, the pound is undervalued, says Dominic Frisby. Now, the stars are coming into alignment – the only way is up for sterling.
Jake Trask, foreign exchange research director at OFX, explains the wide range of global events that have the power to move currencies.
The pound gave us a valuable lesson in contrarianism this week, says John Stepek. Plus, MoneyWeek’s charts that matter, and what they tell us.
The pound has slid to its lowest level against the euro since 2009. But forex markets are notorious for overshooting and then snapping back quickly.
Anyone visiting the continent this summer will have been in for a rude shock at the cash till, says Dominic Frisby. But the pound won’t stay down forever.