The British Pound has endured another volatile 24 hours as investors react to headlines on the state of Brexit trade negotiations which are now being tipped to extend into November, with the latest news concerning fisheries negotiating putting the currency on the back foot in midweek trade.

October 8,2020

Foreign exchange analysts at Goldman Sachs see value in buying Pound Sterling against the Euro in anticipation of the EU and UK striking a Brexit trade deal in coming weeks, while foreign exchange market options pricing suggests a market becoming increasingly of the view the two sides will strike a Brexit deal.

October 6,2020

The Euro-to-Dollar exchange rate has jumped 0.5% at the start of the new week to reach fresh two-week highs at 1.1786, amidst an atmosphere of broad-based Dollar weakness amidst evidence of a clear outcome to the U.S. November presidential vote.

October 5,2020

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The Pound-to-Euro exchange rate is in recovery mode and could be on the cusp of a Brexit-inspired breakout from its recent range, but will have to overcome technical resistance and contend with deteriorating risk appetite this week.

October 4,2020

The Euro is one of 2020's top performers, but the period of outperformance that took the single currency to the top of the leaderboard might have come to an end with the European Central Bank lining up its big players to warn they are not comfortable with the pace and extend of the currencies rebound.

September 30,2020

The Pound-to-Euro exchange rate is consolidating near lows established at the height of coronavirus panic in March, pending a Brexit-induced breakout in either direction, although an absence of progress in the trade negotiations could pull Sterling back toward the bottom of that range this week. 

September 27,2020