The Pound led major currencies in a rebound against the Dollar Tuesday as another round of Brexit trade talks got underway and Chancellor Rishi Sunak's mini budget loomed large, although it could see substantial further gains on any progress in the deadlocked negotiations with the EU.
July 7,2020
The British Pound was easily the best performing major currency on Tuesday, July 07 with gains being recorded against all its competitors in the G10 space.
July 10,2020
The British Pound starts the new week registering losses against the Euro, Australian and New Zealand Dollars but is higher against the U.S Dollar, Yen and Franc courtesy of a rally in global stocks and commodity prices.
July 9,2020
Friday's round of Brexit trade negotiations were called off on Thursday, a move that appears to have contributed to a fading back in the British Pound's short-term recovery rally.
July 3,2020
A highly anticipated announcement on how the Government intends to spend the economy out of its coronacrisis slump left foreign exchange markets distinctly underwhelmed, ensuring the British Pound's ongoing trend of devaluation remains intact.
July 1,2020
The British Pound was seen trading higher against the Euro, Dollar and other major currencies as it unwound some of its oversold conditions, aided by some significant options expiries and month-end rebalancing.
June 30,2020
The British Pound's ongoing trend of depreciation of the Euro and Dollar remains intact at the start of a new week that sees the EU and UK engage in another round of Brexit trade negotiations.
June 29,2020
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