The British Pound plumbed a fresh 7-week low against the Euro and underperformed the majority of its G10 rivals after the yield paid on government debt fell below 0% for the first time in history, …
Read more … →
The British Pound's stock market-inspired recovery faded heading into the mid-week session, amidst ongoing analyst expectations that any strength in the UK currency is likely to be short lived.
Read more … →
A strong rebound in global equity markets over the course of the past 24 hours has allowed the British Pound to stage a recovery against the Euro, U.S. Dollar and other major currencies, but analysts…
Read more … →
The British Pound rose by over a percent against the U.S Dollar and half a percent against the Euro at the start of the new week amidst a broad-based improvement in investor risk sentiment that swe…
Read more … →
The British Pound extended losses against the Euro, Dollar and other major currencies ahead of the weekend following confirmation that the EU and UK are at a deadlock in trade negotiations.
Read more … →
The Pound is currently being driven by a combination of factors: 1) global market sentiment 2) Bank of England policy and 3) Brexit trade negotiations; all of which are proving unsupportive at pres…
Read more … →
The British Pound is forecast to maintain a subdued tone on foreign exchange markets that could see short-term trends of depreciation against the Euro and Dollar extend, with one investment bank sa…
Read more … →