Brexit trade negotiation update

The British Pound limps into the weekend having suffered another week of declines against all its major peers, however any suggestions of a breakthrough in EU-UK talks could help the under-pressure currency recover some lost ground.

July 17,2020

Pound Sterling

A softer start to the day for global equity markets means the risk sensitive British Pound has turned lower once more on Thursday and looks on target to record a negative week against the Euro and U.S. Dollar.

July 16,2020

Bearish concept Pound Sterling

Fresh headlines out in midweek trade concerning a covid-19 vaccine have underpinned a global market recovery that is taking stocks, commodities and risk-sensitive currencies such as Sterling higher.

July 15,2020

Pound Sterling this week

Brexit trade negotiations head to Brussels this week where negotiators must offer up some positive developments if the British Pound is to maintain its recent gains.

July 13,2020

UK EU flag

Further encouraging headlines for British Pound bulls ahead of the weekend are doing the rounds, with a seasoned Brussels journalist reporting that the EU's Michel Barnier is ready to make some significant compromises on behalf of the EU in order to get a trade deal agreed over coming weeks.

July 13,2020

Sunak restaurant

The British Pound retains a buoyant tone as markets move through the second half of the week courtesy of a mixture of improvements in sentiment towards EU-UK trade negotiations and the announcement by the Government of a set of new measures designed to underpin the economic recovery.

July 9,2020

Sunak

The British Pound held onto the sharp gains registered over the course of the past 24 hours following the Treasury's Summer Economic Update where it was announced the Government would pay employers £1000 for every worker who returns to their job after the furlough scheme expires at the end of October.

July 8,2020

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