The British Pound was trading in the red against the Euro, U.S. Dollar and other major currencies at the start of the new week, with foreign exchange analysts saying the weakness can be linked to building expectations for an imminent Bank of England interest rate cut.

January 13,2020

The British Pound is on Friday recovering some of the ground it lost in the wake of comments from Bank of England Governor Mark Carney, with analysts saying the Governor's intervention on the outlook for UK interest rates should have little long-lasting impact on the currency.

January 14,2020

The British Pound turned lower in mid-morning London trade, with analysts citing a combination of potential factors, ensuring the currency's relatively volatile start to 2020 continues.

January 14,2020

The first real political test for the British Pound comes today when Prime Minister Boris Johnson and European Commission President Ursula von der Leyen meet to set the groundwork for negotiations on trade and the future relationship between the EU and UK.

January 14,2020

The Pound fell against most of the world's major currencies at the start of the new year with no obvious trigger behind the move, but foreign exchange analysts and commentators suggest some of the weakness in the currency could be due to building anxiety over looming EU-UK trade negotiations.

January 6,2020

The Pound was on its front foot in the final session of 2019 Tuesday and is on course to see out the year as the second best performing major currency, although international factors were driving price action ahead of year-end while the Brexit negotiations are expected to take centre stage in 2020. 

December 31,2019