The Pound outperformed the Euro and a host of other major currencies on news EU and UK negotiators have made tangible progress in the ongoing phase of intensive negotiations.
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"We continue to see a path for a sharply higher GBP/USD cross into year-end—if several risk events cut in the right direction" - Goldman Sachs.
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The British Pound starts the new week trading above 1.10 against the Euro and 1.30 against the U.S. Dollar amidst an ongoing sense of progress in ongoing post-Brexit trade negotiations.
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Pound Sterling was pummeled and the Euro lifted sharply in a volatile as well as noisy final session of the week, while the Dollar and U.S. stocks came under pressure with barely mor…
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It is reported Friday that France is preparing to give ground on the matter of one of the main outstanding issues preventing negotiators from striking a post-Brexit trade deal: fishing.
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The British Pound went sharply higher against all major currencies mid-week when it was announced on Wednesday the EU and UK had agreed to intensify trade negotiations, however there has since been…
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The British Pound recorded its strongest daily gain against the U.S. Dollar, Euro and other major peers since March amidst an upsurge in optimism that the EU and UK were headed towards a post-Brexi…
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