Merkel and Tusk

The British Pound had recovered from its recent lows in early mid-week trade but remains vulnerable, with markets maintaining the view that negotiations aimed at reaching a revised Brexit deal between the EU and UK are on the verge of collapse.

October 9,2019

Merkel kills off talks

Pound Sterling is selling off and looking vulnerable to further declines amidst reports that talks between the EU and UK have been killed off by Germany's Angela Merkel.

October 8,2019

Brexit and the British Pound

The British Pound is forecast to maintain a "choppy" sideways action over coming hours and days as the EU and UK continue their attempts to thrash out a Brexit deal.

October 8,2019

Johnson at negotiating table

The British Pound starts the new in a tight range against the Euro and U.S. Dollar, with traders taking money off the table ahead of what is expected to be a critical week for Brexit developments.

October 7,2019

Johnson will request extension

Prime Minister Boris Johnson will send a letter to the European Union asking for a Brexit delay if no divorce deal has been agreed by October 19, according to government papers submitted to a Scottish court.

October 4,2019

Tusk and Barnier

EU leaders have poured cold water on the UK's latest Brexit proposals, ensuring the Pound has retreated from the highs it experienced earlier in the week.

October 4,2019

Pound up on Commons developments

The key opponents to former Prime Minister Theresa May's Brexit deal appear ready to back the new deal being sought by Boris Johnson, and markets are betting this markedly raises the prospect of a Brexit deal being struck.

October 3,2019

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