TWO DRIVERS MEAN THAT THE POUND IS SET FOR A BLOCKBUSTER FINISH TO 2018 (GBPUSD)

Theresa May's push towards a softer Brexit should boost the pound significantly. Markets are enamored by the softest Brexit possible, so her Chequers agreement and the subsequent white paper on Brexit are traders' ears. A likely interest rate hike from the Bank of England should also provide support for the pound. Some analysts now forecast that the pound could rise as high as 1.41 against the dollar by the end of the year, an increase o...

BusinessInsider (Date:07/14/2018 10:35) Read full article >>

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