13 November 2020 Pound-Dollar Rate Lifts Sterling into Top Spot as Brexit Hopes Rise with Turnover at Downing Street

The Pound-Dollar rate led Sterling to the top spot among major currencies Friday and into second place for the weekoverall amid a strong performance from stock markets as well as possible signs tha…

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13 November 2020 Pound Sterling: Does Cummings Departure Increase Odds of a Deal? Investment Bank Anlaysts Give their Views

The domestic UK focus for financial markets ahead of the weekend is confirmation that Dominic Cummings, the senior adviser to Prime Minister Boris Johnson, is due to leave the position at year-end,…

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13 November 2020 Pound Sterling Reverses vs. Euro & Dollar as post-Brexit Talks Hurtle Towards Deadlock

The British Pound has fallen sharply over the course of the past 24 hours in response to falling equity markets and growing expectations that the trade negotiations between the EU and UK are hurtli…

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11 November 2020 Pound Loses Some Momentum on News Brexit Deadline Due to be Pushed Back

Pound Sterling has reversed some of its earlier gains on headlines out midweek that the EU and UK likely to miss next week's deadline, but analysts say such a delay is unlikely to materially dent t…

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11 November 2020 Pound Sterling 'Wins' the Vaccine Race

The British Pound has pushed higher to register two-month highs against the Euro and Dollar, carried along by improved investor sentiment triggered by the news of a successful covid-19 vaccine cand…

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10 November 2020 Pound Jumps 1.0% on Vaccine Boost and Hints of Compromise on Fishing in Trade Negotiations

A combination of rallying global stock markets and news that the UK might shift its position on the matter of fishing rights in ongoing EU-UK trade negotiations have conspired to push the Pound hig…

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09 November 2020 Pound Sterling: Goldman Sachs Optimistic on a Brexit Deal, Recommend Selling the Euro

The British Pound remains a buy against the Euro with foreign exchange strategists at Wall Street bank Goldman Sachs, who remain optimistic that a deal will be struck between the EU and UK on a fut…

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