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.

US stocks are going from strength to strength while European markets falter. But there’s no mystery. They are at the mercy of a much bigger market than equities.

The pound has perked up. Last week it jumped to $1.43, the highest level since the referendum on leaving the EU.

US equities have enjoyed a ‘‘Trump bump’’ since the 45th president took office. The US dollar, which is close to a three-year low, hasn’t.