Johnson could take a political agreement back to Parliament for a vote, saying that a short extension request will be required to tie up loose ends. But Parliament will likely reject this, opening the door to a period of uncertainty that Sterling will dislike.
October 16,2019
The British Pound is tipped for another day of volatility as foreign exchange markets eagerly await news of a Brexit deal being reached by negotiators in Brussels who apparently worked through Tuesday night.
October 16,2019
The British Pound has hit fresh multi-month highs against the Euro, Dollar and other major currencies on the back of positive briefings out of Brussels where Brexit talks continue, meanwhile there is growing chatter about the need for an emergency EU summit being called for the end of October.
October 15,2019
Monday sees the British Pound having pared some of the impressive gains recorded last week, amidst news that a Brexit deal between the EU and UK still remains some way off.
October 14,2019
A critical week for Sterling lies ahead: not only does a deal have to be finalised with the EU, but it must pass through the UK's deeply divided Parliament. We would expect Sterling's rally to extend if next Saturday Parliament passes a Brexit deal.
October 12,2019
The British Pound is set to become the best-performing major currency of the week thanks to an ongoing leap off the back of renewed optimism that the EU and the UK are close to striking a Brexit deal.
October 11,2019
Supportive news for Sterling exchange rates came out late in the London trading session after the leaders of the UK and Ireland confirmed progress had been made in a much-anticipated meeting aimed to break the current deadlock holding back Brexit negotiations.
October 10,2019
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