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Pound Sterling Today: May Rebuffed by Brussels, Recovery vs. Euro and Dollar Fades Ahead of Weekend
14 December, 2018 |
The Pound trades with a soft undertone Friday, nursing a weekly loss of 0.5% against the Euro and 0.75% against the Dollar ahead of the weekend on news there has been no last-minute concession from the European Union to help sell the Brexit deal to a divided parliament.
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Pound Sterling Today: Brussels Compromise, Sterling Extends Recent Gains Made vs. Euro and Dollar in Wake of May's Confidence Vote Win
13 December, 2018 |
Pound Sterling remains driven by Brexit and the next instazllment in the saga sees Theresa May head to Brussels to hear what concesssions they will offer her.
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British Pound Recovery vs. Euro and Dollar Eases as Scale of May's Win Disappoints
12 December, 2018 |
- May says she will stand down before next election - May expected to survive vote - GBP enjoys strong recovery - Further gains topped to be limited by analyst.
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British Pound Wobbles on News Confidence Vote in Theresa May is Nigh
11 December, 2018 |
Pound Sterling has relinquished the day's recovery on headlines that a no confidence vote is to be called on Theresa May's leadership of the Conservative party.
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Pound Sterling: 'No Deal' Risks Rise after European Leaders Give Scant Help to May
11 December, 2018 |
Political developments in the UK point to yet further uncertainty and we would expect the British Pound to remain under pressure over coming days as a result.
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British Pound Sags after Data Shows Economy Headed for Worst Year Since Crisis amid Parliamentary Brexit Threat to Currency
10 December, 2018 |
The Pound was steady in the wake of October's GDP data, which showed the economy limping along in the final quarter, at the beginning of a week that promises to be dominated by events in Westminster as the Brexit soap opera enters a new chapter.
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Monday AM: GBP Data Dump | USD: Slowdown Fears | EUR: Solid, ECB Ahead | AUD and CAD: Housing Market Data | NZD: Retail Numbers Ahead
10 December, 2018 |
It's actually quite hard to read the markets: We have Europe likely to start in the green, but Asia is in the red.
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BofAML 'Constructive' on Sterling vs. Euro and Dollar in 2019
07 December, 2018 |
The Pound will rise by almost eight percent against the Dollar before the UK leaves the European Union, according to analysts at Bank of America Merrill Lynch, who say the currency offers investors a unique opportunity at the moment.
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Odds of no-Brexit has Doubled say JP Morgan
06 December, 2018 |
The probability of the UK remaining in the EU has now doubled to 40%, the highest it has been since the referendum, say analysts at investment bank JP Morgan, offering a fundamental view that supports the formation of a technical floor we see forming under the Pound.
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Upside Potential for British Pound Building: RBC Capital
06 December, 2018 |
The Pound will have to endure a volatile December that could yet result in punishing losses if things go the wrong way for the government but the overall risk for Sterling is now tilting toward the upside, according to RBC Capital Markets.
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Pound Sterling eyes Rising no-Brexit Chances Following Parliamentary Manoeuvres
05 December, 2018 |
Pound Sterling could be protected from significant weakness over coming days and weeks on moves by parliamentarians to prevent a 'no deal' Brexit taking place in March 2019, however we expect the currency to maintain a soft undertone ahead of the key December 11 Brexit vote.
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Bank of England Stand by View Pound Sterling Can Suffer Deep Falls on Disruptive Brexit
04 December, 2018 |
Bank of England policy makers have stood by analysis suggesting the British Pound is at risk of losing substantial ground in the event of a disruptive 'no deal' Brexit taking place in 2019.
UK Can Unilaterally Abandon Brexit says EU Advocate General, News sees Pound Sterling Recover from Near Multi-Week Lows vs. Euro…
The Pound is beset by chronic uncertainty with investors unsure of what will come following the anticipated defeat of the Brexit deal with the UK's most senior Brexit minister Stephen…
Pound Sterling "Worst Currency to Hold" into Year-End, Takes a Hammering vs. Dollar and Euro as Market Gears up for…
Pound Sterling is seen under heavy selling pressure at the start of the new week amidst with traders shedding exposure to the currency ahead of the December 11 Brexit deal…