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.
Recent GBP/EUR articles
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.
After last week’s election, the pound fell against the euro and the dollar. But not by as much as many expected. Dominic Frisby looks at where it might go next.
Investors, who already view the US as overpriced and the eurozone as cheap may be about to start piling money into both European stocks and the euro, says John Stepek.
When Theresa May called the snap general election, the pound rallied sharply. Dominic Frisby looks at where sterling might go in the long term.
The pound has gone as low against the dollar as it’s going to, says Dominic Frisby. We’re at a start of a new, multi-year bull market in sterling.
As Theresa May outlined her Brexit vision, the pound staged a monster rally. There will be more wobbles, says Dominic Frisby. But the worst could now be over for sterling.