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Pound Sterling Forecasts vs. Euro, Dollar from Deutsche Bank: Rough Summer, Higher by Year-End
20 May, 2019 |
The Pound is set to rise from current levels before the year is out but not before it receives a drubbing over the summer as the political circus in Westminster leads investors and financial markets to increasingly prepare for a UK exit from the EU on World Trade Organization (WTO) terms.
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British Pound Sell-Off Accelerates as Cross-Party Talks Break Down
17 May, 2019 |
The embattled Pound finds no let up ahead of the weekend as news comes through that talks between Labour and the Conservatives to find a cross-party Brexit deal that could pass through the House of Commons have broken down.
GBP LIVE TODAY
British Pound: "More Stormy Conditions for Sterling" vs. Euro and Dollar as No Brexit Deal Likely in 2019 says Analyst
17 May, 2019 |
The Pound is on course for an summer of discontent as an embattled Prime Minister comes under increasing pressure to step aside for a Brexit-supporting replacement to take the helm, stoking market fears over the likely path the UK will take out of the European Union.
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UK Boosts its FX 'Warchest' to Protect the Pound in Event of a 'No Deal' Brexit Sell-Off
16 May, 2019 |
The UK grew its reserves of foreign currency at noticeable rate in the run up to the original March 29 Brexit deadline, and we could see a similar build up ahead of the October 31 deadline says one analyst.
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Pound Sterling Live: 'No Deal' Brexit Risks Rise and Send GBP Down to Multi-Month Lows vs. Euro and Dollar
16 May, 2019 |
The British Pound will on Thursday look to recover recent losses that saw the currency plumb fresh multi-month lows against the Euro, U.S. Dollar and a host of other currencies.
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Pound Sterling Live: May Lays Down Challenge to Corbyn, Sterling Could Consolidate vs. Euro and Dollar Ahead of Key June Brexit Vote
15 May, 2019 |
Sterling traders will now have a date to focus on as a new Brexit showdown has been put into the calendar that promises to spark the next potential bout of volatility in the currency.
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Pound Sterling Sell-Off Extends, Wage Data Disappoints
14 May, 2019 |
The British Pound will be hoping for some respite following successive days of losses against its major partners amidst a combination of global trade wars and negative Brexit headlines with investor focus today falling on employment data and a key meeting of the UK cabinet.
GBP LIVE TODAY
British Pound Today: Cross-Party Talks on Life Support, Sterling Looks to Claw Back Lost Ground vs. Euro and U.S. Dollar
13 May, 2019 |
The Pound is firm at the start of the new week with markets digesting reports Prime Minister Theresa May is considering reopening Brexit talks with the EU to help deliver a cross-party Brexit deal.
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The British Pound Draws a Bid after Business Investment and Stockpiling Lift Economy
10 May, 2019 |
The Pound caught a fresh bid from the market on Friday when official data showed the economy gaining momentum in the first-quarter for the first time in five years, with pre-Brexit preparations among manufacturers proving a key source of activity.
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British Pound Would Soar on Unexpected Cross-Party Breakthrough: Analyst
09 May, 2019 |
Downside pressures on the British Pound has eased over the past 12 hours with confirmation that the Labour and the Government have not in fact broken down and the two sides remain in negotiations to forge a cross-party Brexit deal.
GBP LIVE TODAY
Pound Sterling Deeper in the Red as Brexit Talks Said to be Close to Collapse
08 May, 2019 |
The British Pound is trading lower in mid-week trade with markets finding little positive in the latest updates concerning the status of cross-party Brexit talks which are now not expected to deliver a breakthrough this week.
GBP LIVE TODAY
Pound Sterling Live: Calls for May's Resignation Intensify, Cross-Party Talks Keep Sterling Underpinned vs. Euro and Dollar
07 May, 2019 |
The British Pound is seen defending recent advances made against the Euro and U.S. Dollar amidst a renewed sense of optimism amongst currency market traders that this week there could finally be a material breakthrough in the entrenched Brexit impasse.
British Pound Soars into the Weekend, Conservative and Labour Electoral Drubbing Likely to Push Two Parties Towards a Brexit Deal
Pound Sterling is the week's best performing currency, enjoying gains of three-quarters of a percent against the Euro and one percent against the U.S. Dollar. Ahead of the weekend, currency…
Pound Sterling Jolted by Bank of England Excitement, but Soon Flatlines on Forecasts for Subdued Inflation
There was a spike in volatility in the Pound in mid-day London trade after the Bank of England released their May policy decision and latest suite of economic forecasts.