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British Pound Softens against Euro and Dollar even as Brexiteer Dominoes Fall, after Bercow Throws New Curveball
18 March, 2019 |
The Pound was softer at the beginning of the new week as investors wait to hear if Prime Minister Theresa May will put her EU Withdrawal Agreement before parliament again, while attempting to gauge whether she will have the numbers to see it pass.
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British Pound Today: EU Gun for 2nd Referendum, GBP Softer vs. Euro and Dollar Ahead of the Weekend
15 March, 2019 |
Pound Sterling is seen coming off its weekly highs ahead of the weekend with foreign exchange traders cutting back exposure ahead of what promises to be another potentially explosive week in UK politics.
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The Pound Holds Gains on Vote to Delay Brexit, May's Brexit Deal now Looks Increasingly Seductive to Brexiteers
14 March, 2019 |
Having staged its strongest advance of 2019 on Wednesday, the British Pound has fallen back to more familiar levels on Thursday, March 14 as consolidation takes hold of a market that has witnessed a surge in volatility over recent days.
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UK Pound Sterling Pares Gains After Recording Strongest Gain of 2019 Following MP Vote to Rule out 'No Deal'
13 March, 2019 |
UK lawmakers have voted to hypothetically take a 'no deal' Brexit off the table 'forever' under the first of a series of votes on Brexit due to be tabled tonight.
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British Pound Recovery Extends Post-Vote Gains, Cox said to be Considering Changing Advice
13 March, 2019 |
The British Pound pushed higher against all major currencies in mid-week trade with analysts telling us the outlook for the currency remains positive, despite the ongoing uncertainty surrounding Brexit.
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Pound Sterling Reacts to Brexit Deal Defeat
12 March, 2019 |
Prime Minister Theresa May's Brexit deal has been defeated by a massive 149 votes, and counter-intuitively the British Pound has rallied in response.
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Pound Dealt Fresh blow by DUP
12 March, 2019 |
The British Pound has performed a sharp turn-around after the UK Attorney General dismisses recent concessions made by the EU on the matter of the Irish backstop.
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The Pound Today: Impressive Gains Give Way to Caution as Markets Await Dominos to Fall into Place
12 March, 2019 |
The British Pound rose to record fresh multi-month highs against the Euro and rallied towards recent multi-month highs against the Dollar following a last-gasp attempt by the EU and UK to secure a Brexit deal.
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UK Pound Higher as May Heads to Brussels to Try and Snatch Last-Gasp Brexit Concessions
11 March, 2019 |
It's a soft start to the week for Pound Sterling with foreign exchange markets cutting back on exposure to the currency as they eye a critical few days in Brexit politics.
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British Pound Overvalued by Optimistic Markets Ahead of Key Week in British Politics, Warnings of Short-Term Downside Risks vs. Euro and Dollar
09 March, 2019 |
The market is seeing Brexit risks through rose-tinted glasses, says Jane Foley, senior FX strategist at Rabobank, and an argument that the Pound is overvalued in the short-term can therefore be made.
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May in Last-Ditch Plea to EU, Pound Sterling to Fall on Looming Article 50 Extension say Nordea Markets
08 March, 2019 |
Pound Sterling remains the best performing G10 currency for 2019, but we are hearing analysts say the currency will struggle to advance any further during coming weeks because an extension of the Article 50 exit period is about to prolong the uncertainty hanging over the economy.
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Pound Sterling at Risk as Brexit Talks Said to be Close to Collapse
07 March, 2019 |
Analysts warn that should Prime Minister Theresa May's Brexit deal be shot down next week, the British Pound could find itself coming under notable pressure, even if UK parliamentarians vote to delay Brexit.
The Pound Suffers Nerves as Cox Fails to Deliver Breakthrough, Barclays see Further Profit-Taking vs. Euro and U.S. Dollar
The British Pound is seen trading steady in the midweek session, albeit well off recent highs as traders express nerves that the UK will be unable to secure the kind…
UK Services PMI Provides Pound Sterling with Some Added Cheer, but Worrying Signs on Employment Should Keep Gains Contained
Pound shows an initial positive reaction to Service PMI beat but we expect the gains to be limited as the details of the report are actually quite poor.