British Pound Fundamental View

Fundamental Update: What to expect in tomorrow’s UK Q1 GDP data

On the eve of the UK GDP release for the first quarter that will confirm whether or not the UK managed to avoid a technical recession, it is worth taking stock of the actual "strength" of the UK economy as move towards the middle of the year.

By Kathleen Brooks | Apr 24 | Forex.com

The Anatomy of Sovereign Default

The three primary factors that determine the interest rate level a nation must pay to service its debt in the long term are; the currency, inflation and credit risks of holding the sovereign debt. All three of those factors are very closely interrelated.

By Michael Pento | Apr 17 | Micheal Pento

Euro Relief Rally To Set Lower Top, Sterling Eyes Fresh Highs

The Euro climbed to a fresh weekly high of 1.3175 as the European Central Bank pledged to 'address upside risks to medium-term price stability in a firm and timely manner,' but we are likely to see the Governing Council take additional steps to shore up the ailing economy as the sovereign debt crisis continues to heighten the risk for a prolonged recession. Indeed, Italy sold EUR 2.

By David Song | Apr 12 | DailyFX

What’s Going On With the Great British Pound (GBP)

The Sterling has failed to make gains against the single currency despite the re-eruption of the debt crisis in Greece and Portugal, and of contagion worries for Spain.

Mar 22 | FXEmpire

GBP/USD: Will BOE Minutes, CPI, and Retail Sales Help or Harm GBP Crosses?

Last week data from the UK was mixed as some better than expected releases on trade, housing and the leading index, were met by another soft employment report and a downgrade of the country's credit rating outlook by Fitch.

By Nick Nasad | Mar 21 | FX Times

GBP/USD Monthly Fundamental Forecast March 2012

The economic outlook for the UK has has improved over the last few months. In light of better-than expected results from the PMI surveys (particularly the services index), as well as improving retail sales and trade data, we have upwardly revised our GDP forecast for this year from 0.7% to 1.0%. The main drivers behind the UK's0.

Mar 03 | FXEmpire

02.10.12 - IBTimes/FXTimes - Week in Review

http://www.ibtrade.com/live_webinar_nick_nasad_fan_yang.htm - While the currency market continues to await resolution of the Greek situation, it was still an eventful week with a surprise hold in rates by the RBA, more QE from the BOE, the latest interest rate decision and press conference from ECB President Draghi, and testimony in front of Congress from Bernanke.

By Nick Nasad | Feb 10 | FX Times

UK Economy Contracts in 4Q, BOE Mixed on More QE – GBP/USD Ready to Top Off?

The UK economy met expectations and contracted in the fourth quarter. The drop in quarterly terms of 0.2% was a bit more than expected by economists (-0.1%) and did cause the pound to weaken against the US dollar and euro subsequently thereafter.

By Nick Nasad | Jan 25 | FX Times

Key Week For GBP with BOE Minutes & 4Q GDP

This week will be a key one for GBP as we have 2 very important fundamental risk events - the Bank of England meeting minutes as well as the advanced version of 4th quarter GDP.

By Nick Nasad | Jan 23 | FX Times

4 Key Stories in Today’s Session – World Bank, IMF, Portugal, Greece

The World Bank warned that 2012 will be a rough one, and warned developing nations to "prepare for the worst" and that the potential for a global crisis similar to 2008-2009 is evident in the euro-zone sovereign debt crisis situation.

By Nick Nasad | Jan 18 | FX Times

Preview: UK Claimant Count – Ready to Push GBP/USD Lower?

In our preview of the UK consumer price index we highlighted some of the concerns around the UK economy. One of those key concerns is that domestic demand continues to be pressured by high inflation - though that is receding - and a week labor market which is not supporting wage growth.

By Nick Nasad | Jan 17 | FX Times

2012 Offers Few Reasons for Optimism

As the year draws to a close, understandable confusion reigns in the minds of many investors. While short-term indicators, such as consumer confidence, appear to beckon recovery, the longer-term strategic issues remain shrouded in the smoke and mirrors of central bank monetary manipulation.

By John Browne | Dec 28 | Euro Pacific Capital