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Another 5-6% Downside for British Pound v Euro, Dollar Forecast by Credit Suisse After Consulting their Brexit Dial - Pound Sterling Live

If the dial were to keep turning to full soft-Brexit then Jalinoos and Shah estimate that Sterling will recover to 1.35 against the Dollar on a one-year horizon. Were the dial to swing back sharply to a full hard-Brexit then the Pound could actually ... ... (Read More)
Posted by on 10/21/2016

EU Summit: British Pound Soft v Euro, Dollar as May Reiterates Call ... - Pound Sterling Live

The Pound is exposed to risks stemming from Prime Minister May's European ... ... (Read More)
Posted by on 10/21/2016

Nestle threatens to raise price of Kit Kats because of plunging pound - Daily Mail

The Swiss food company which owns a range of well-known brands including Shredded Wheat and Felix pet food, said it may be forced to raise prices if the pound continues to fall. ... Among the Nestle products made in the UK are: Kit Kat, Kit Kat Chunky ... ... (Read More)
Posted by on 10/21/2016

Forex technical analysis: EURGBP tests broken trend line - ForexLive

Looking at the daily chart below, the pair moved above a topside trend line earlier in the month (on Oct 7th) and extended to the highest level going back to February 2010 at 0.9144. On October 11, a retest of the high fell short at 0.9140. That helped ... ... (Read More)
Posted by on 10/21/2016

EUR GBP Exchange Rate Forecast: Euro Could Advance to New 2016 Highs Next Week - Euro Exchange Rate News

This week's EUR GBP exchange rate forecast sees the pair ending up lower than opening levels despite a brief Euro surge on Thursday, as Sterling's Tuesday rally seems to have been the biggest event this week for the pair. Friday's session is unlikely ... ... (Read More)
Posted by on 10/21/2016

IQ Option Gives a £2000 Sign Up Prize

With a rating of 9.2 out of 10, IQ Option [read review] is one of our highly regarded UK binary options platforms. It provides an incredible assets selection with up to 93% returns and has a phenomenal Turbo Option, Binary Option, Tournament option types availability. IQ Option possess an exceptional account opening promotion for joining users right now. Grab a £2000 bonus for your ... (Read More)
Posted by on 10/20/2016

EU Leaders' Summit is Next Big Risk for the British Pound Against Euro and Dollar - Pound Sterling Live

Typically the scale of the surprise is what drives a currency reaction but in the age of Brexit this correlation appears to have fallen away for Sterling. "Beyond the macro economic variables PM May is set to attend the latest EU Leaders summit in ... ... (Read More)
Posted by on 10/20/2016

British Pound to Fall Another 5-6% Against Euro, Dollar suggest Credit Suisse - Pound Sterling Live

This would leave EUR/GBP around 0.90 - from a Pound into Euro perspective this translates as 1.110. However, "on a 3-month horizon, we remain bearish Sterling and forecast GBPUSD at 1.16 and EURGBP at 0.95," say Jalinoos and Shah. EUR/GBP at 0.95 ... ... (Read More)
Posted by on 10/20/2016

Brexit: Nestle hints at price rises after pound value crash - The Independent

Nestle, which makes KitKats, Shredded Wheat and dozens more famous brands, also said it would consider its investments in the UK in the light of Brexit but would wait to see what kind of Brexit deal the UK secures before deciding whether to scale back ... ... (Read More)
Posted by on 10/20/2016

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