Pound Sterling is consolidating as markets digest the implications of Prime Minister Boris Johnson's decision to suspend parliament for a month, a move that starves remain-leaning MPs of the space …
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The British Pound continues its short-term recovery as markets sense the prospect of a 'no deal' is once again diminishing, and one currency analyst tells us the gains can extend.
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Economists at Scanadanvian financial services provider DNB Bank ASA say they believe the UK will exit the EU on October 31 without a deal, and the UK will likely fall into recession as a result.
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GBP/EUR has reached resistance from a trendline and pulled-back lower, but if it breaks above the 1.1080 highs that will provide confirmation of a breakout above the trendline and more upside.
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Pound Sterling was seen holding its gains against the Euro ahead of the weekend, with 1 GBP buying 1.1048 EUR on the inter-bank markets at the time of writing: the strongest rate of exchange in thr…
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The GBP/EUR exchange rate is holding a range just above 1.09 in the aftermath of a key meeting between UK Prime Minister Boris Johnson and German Chancellor Angela Merkel.
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The Pound-to-Euro exchange rate crept towards the 1.10 barrier over the course of the past 24 hours, having gone as high as 1.0987 on Tuesday.
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