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

The Pound-to-Euro exchange rate fell to a November low last week as Sterling underperformed in the absence of progress in the Brexit negotiations but could see a pick-up in the coming days as the two sides edge toward a deal, which would give the Pound a clear path back to April and May highs at least. 

November 30,2020

Pound and euro

Technical forces might well be dictating the decline witnessed by Pound Sterling against the Euro over the course of the past week.

November 27,2020

The Poun-to-Euro exchange rate has scope to edge up to six-month highs over the coming days as the Brexit talks continue in the background, although Sterling will be at risk of a setback early on in the new week due to a pending extension of coronavirus-related 'lockdown' restrictions. 

November 23,2020

EU UK trade negotiations

The EU's trade negotiation team has updated European politicians this morning, and confirmed there remains work to be done if a post-Brexit trade deal is to be agreed before year-end.

November 20,2020

International payments

The latest monthly data from payments engine SWIFT has shown payments in euros for October was larger than the amount of payments made in dollars, however the dollar still outstripped the euro when it came to international monetary transactions.

November 19,2020

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