Skip to main content

Why isn’t a stronger pound undermining the FTSE?

The FTSE 100 has edged higher over the past month, despite a 5% drop in the S&P 500 and an appreciation of sterling against the dollar. A rise in the exchange rate has typically seen the US index outperform its UK counterpart.  So what explains the FTSE 100’s resilience?

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access