26 August 2020 Pound Sterling Bid vs Euro and Dollar, Data Shows Investors "Highly Complacent" Brexit View

The British Pound remains well supported on global FX markets, having shaken off a bout of Brexit-related nerves triggered by last week's confirmation that EU and UK negotiators remain deadlocked aโ€ฆ

Read more … →
25 August 2020 Berenberg: 60% Chance of "Semi Managed Hard Exit" from EU

The odds of the UK failing to agree a trade deal with EU is at 60%, according to economists at Berenberg Bank.

Read more … →
24 August 2020 Pound Sterling Holds Key Levels against Euro and Dollar as Markets see Through Brexit Theatrics

The British Pound starts the new week at familiar levels against the Euro and Dollar, with Friday's sell-off in the wake of the latest round of Brexit trade negotiations appearing to have been relaโ€ฆ

Read more … →
21 August 2020 Pound Sterling Blunted as Brexit Trade Negotiations End in Predictable Deadlock

Another round of trade negotiations have concluded with confirmation that no progress has been made on outstanding areas of dispute, confirming we will have to wait for an October meeting of EU leaโ€ฆ

Read more … →
21 August 2020 Pound Jumps on Strong PMI & Retail Data but Brexit Trade Talks see Gains Unravel

The British Pound has a busy day to navigate before foreign exchange markets shut for the week, with a key economic data release and a Brexit trade negotiation update due.

Read more … →
20 August 2020 Pound Sterling's Party Can't Last: Analysts Question Recent Performance against Euro and U.S. Dollar

The British Pound has lead the field over the course of the past month amidst a combination of positive factors, however the majority of analysts we follow warn this outperformance cannot last giveโ€ฆ

Read more … →
19 August 2020 Pound Sterling Best Performer of Past Month, and it's Not Just a Story of Dollar and Euro Weakness

The British Pound is the best performing major currency of the past day, and now the past month courtesy of a rout of the U.S. Dollar, but also because of a potential fundamental re-evaluation of tโ€ฆ

Read more … →