26 February 2020 British Pound Suffers Heavy Losses on Budget Delay, BoE Rate Cut Bets and Coronavirus Concerns

k  The Pound fell to the bottom of the major currency class Wednesday amid profit-taking prompted by renewed speculation of a delay to the March budget, which comes in addition to mounting coro…

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26 February 2020 British Pound to Remain Soft vs. Euro and Dollar as Trade Negotiations See Rocky Start

The British Pound remains well below its 2020 highs against both the Euro and U.S. Dollar with foreign exchange markets unwilling to push the currency higher amidst the global coronavirus market se…

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25 February 2020 Pound Sterling Advances on Euro and Dollar, Markets Digest EU's Trade Negotiation Mandate

The British Pound was seen advancing against its rivals on the day EU states agreed a roadmap to a future trade deal with the UK, in which they require that the EU's standards should be "a referenc…

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25 February 2020 British Pound in Recovery Mode against Euro and Dollar, Upside seen Capped as Trade Negotiation Developments Expected

Foreign exchange analysts at Wall Street bank JP Morgan say they see "considerable downside" potential in the British Pound in the event of the UK and EU failing to strike a trade agreement at the …

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24 February 2020 Pound Sterling Today: Budget Boost Ahead, Coronavirus Jitters, Soft Start to New Week vs. Euro and Dollar

The British Pound starts the new week as an underperformer, recording losses against the U.S. Dollar which appears to be on the charge owing to a renewed bout of nerves concerning the coronavirus. …

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21 February 2020 Key Change to EU's Trade Negotiation Mandate Should Underpin Pound Sterling

Some potentially Sterling-supportive news out of Brussels ahead of the weekend is that the EU's latest draft mandate for EU-UK trade negotiations shows that the EU won't be pushing for 'dynamic-ali…

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21 February 2020 Pound Sterling Recovering against the Euro and Dollar on Solid PMI Data

The British Pound has sold off against the Dollar and Euro over the course of the past 24 hours and we will be looking for signs of stabilisation heading into the weekend for confirmation that the …

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