Johnson at cabinet table

Pound Sterling looks well poised to advance against the Euro, U.S. Dollar and other major currencies in the short-term, with foreign exchange market focus on Thursday tipped to fall on a reshuffle of Prime Minister Boris Johnson's cabinet.

February 13,2020

The British Pound faces another rollercoaster ride this year as the Brexit saga opens a new chapter but it's still likely to recover further from the lows seen in 2019 and the outlook could even be sweetened with Brexit "fudge" by year-end, according to forecasts from Capital Economics.

February 12,2020

HS2

The government's announcement that the HS2 high-speed rail project will go ahead has confirmed the UK could be on the cusp of a fiscal stimulus, that could ultimately provide a solid base of support for the British Pound in the first half of 2020.

February 12,2020

UK economy

Pound Sterling was bid higher on Tuesday, Feb. 11 on the back of new data that showed the UK economy grew in December, while quarterly data showed the economy stagnated at 0% in the final quarter of 2019.

February 11,2020

GBP

It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is much anxiety over looming trade negotiations, the currency continues to offer value on any dips.

February 14,2020

British Pound and Trade negotiations

Weekend reports that EU-UK trade negotiations could crash "within months" should ensure the British Pound maintains a soft tone over coming days.

February 10,2020

Pound higher into the weekend

The British Pound was bid higher ahead of the weekend, reclaiming the contested 1.18 level against the Euro but while starting an attempt to scrape itself off a 6-week floor against the Dollar.

February 7,2020

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