Pound Sterling was bid higher on Tuesday, Feb. 11 on the back of new data that showed the UK economy grew in December, while quarterly data showed the economy stagnated at 0% in the final quarter of 2019.
February 11,2020
It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is much anxiety over looming trade negotiations, the currency continues to offer value on any dips.
February 14,2020
Weekend reports that EU-UK trade negotiations could crash "within months" should ensure the British Pound maintains a soft tone over coming days.
February 10,2020
The British Pound was bid higher ahead of the weekend, reclaiming the contested 1.18 level against the Euro but while starting an attempt to scrape itself off a 6-week floor against the Dollar.
February 7,2020
The British Pound came under pressure against the Euro, Dollar and other major currencies in the wake of headlines showing the EU would seek to impose tougher financial regulations on the City of London in upcoming trade negotiations.
February 7,2020
The British Pound has been regaining its composure following a sharp slide at the start of the week, with the currency ticking back above 1.18 against the Euro and holding the support zone of 1.30 against the Dollar.
February 5,2020
The British Pound sold off sharply on the first trading day of February, with analysts citing position squaring, a reversal of positive month-end flows and political developments surrounding EU-UK trade negotiations for the move. We consider the outlook following the sharp declines.
February 4,2020
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