This felt like a week where the British currency was treading water. We had the odd piece of good news here, and some bad news there. But there was no real pattern or direction to any of it, it seemed.
A Good Week for the British Pound
The picture the British pound has painted over the past couple of weeks has been more encouraging. Would this week tell a similar story?
Stronger Results for the British Pound This Week
Sometimes it’s hard to gauge whether a week will be good or bad. This week, we got a pleasant surprise when we saw how the British pound had performed.
India Bans Widely-Used Banknotes
Banning banknotes doesn’t happen often. Usually, it involves taking infrequently-used notes out of the monetary system. But this isn’t what’s happened in India.
A Mixed Bag of Drama for the British Pound
It is rare to come across a good week for the pound at present. This week showed once again how challenging it is for the pound to do well, so would we have all bad results here or something different?
Not a Good Start, But an Excellent Finish
Sometimes, a week of trading can start in the worst-possible fashion, yet finish in a very different manner. This week we would see how this could happen, as it did for the British pound.
Strong Performances This Week for the British Currency
After some hard times, the pound did better this week – mainly due to the outcome of a court case regarding the Government’s ability to push through the Brexit vote. Drama ensued on all counts.
A Better Start for the British Pound?
The day-to-day workings of the currency markets are always hard to fathom. But would the British pound manage to put together a more encouraging performance early on this week?
What Was the Sterling Flash Crash?
Three words reverberated around the currency markets about three weeks ago – sterling flash crash. But what was it, how did it happen and what happened next?
A Hard Week Once Again for the British Pound
We should perhaps know the pattern by now. We were certainly going to be ready for some more hard work for the British pound, but would any work be enough?