EU flag

A sense of inevitability that a 'no deal' Brexit is the most likely outcome to trade talks between the EU and UK is sinking over foreign exchange markets, prompting a sharp decline in the value of Sterling.

December 11,2020

Pound to Euro

Pound Sterling is forecast to fall sharply should the EU and UK fail to agree a post-Brexit trade agreement, with one analyst saying the decline could see the Pound-to-Euro exchange rate fall below parity.

December 8,2020

Exchange rates

The Pound-to-Euro exchange rate will recover according to foreign exchange strategists at Aussie-based international lender and investment bank Westpac.

December 7,2020

Vaccine rollout UK

The British Pound has fallen sharply at the start of the new week on fears the EU and UK would fail to strike a post-Brexit trade agreement, but analysts at Goldman Sachs say the UK's strong position on covid-19 vaccination could underpin the Pound going forward.

December 7,2020

The Pound-to-Euro exchange rate was already troubled by an absence of progress in the Brexit trade negotiations last week but risks coming apart at the seams over the coming days following weekend reports suggesting that a 'no deal' exit could get a nod from the government this Monday. 

December 6,2020

Why no deal is likely

Foreign exchange strategists at a leading Scandanavian lender and investment bank have said a 'no deal' outcome to post-Brexit trade talks is likely, and the Pound is likely to weather the outcome.

December 4,2020

Macron

The British Pound went lower against its main rivals on Wednesday following confirmation that EU and UK negotiators are unlikely to strike a post-Brexit trade deal this week.

December 2,2020

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