01 May 2020 British Pound Volatile, Sees Month-End Leap Erased by May Day Market Sell-Off

"Pound buoyancy, while modest, is more a function of improved global risk appetite than a brightening in area fundamentals."

Read more … →
30 April 2020 Pound Sterling Looks Like it Wants to Go Higher Against the Euro and Dollar

The British Pound has found itself restrained in its ambitions to go higher against both the Dollar and Euro this week, but a look at the set up of both GBP/USD and GBP/EUR suggests a market that iโ€ฆ

Read more … →
28 April 2020 Pound Sterling in "Catch 22" Situation on Lockdown Exit, seen Holding Recent Gains vs. Euro and Dollar Today

The British Pound was seen trading softer against the Euro, Dollar and other major currencies on Tuesday, however in most instances the UK currency remains towards the top end of its recent ranges.โ€ฆ

Read more … →
27 April 2020 Pound Sterling Maintains Gains against Euro and U.S. Dollar, Johnson Hints at Lockdown Exit Measures "In Coming Days"

The British Pound started the new week on the front-foot thanks to a broad-based rally in global stock markets, while a speech by Prime Minister Boris Johnson on the 10 Downing Street doorstep failโ€ฆ

Read more … →
27 April 2020 Pound Sterling Firms, Aided by News of Substantive Lockdown Exit

The British Pound starts the new week on a positive note, rising against the Euro, Dollar, Yen and other 'risk off' currencies amidst a firm start to the work for global stock markets.

Read more … →
24 April 2020 EU & UK Signal Little Progress on Trade Negotiations

The British Pound found was flat heading into the weekend amidst sombre global market sentiment and news that EU and UK negotiators were someway off on reaching agreement on some key issues.

Read more … →
24 April 2020 Pound Sterling Would Suffer on a Botched Lockdown Exit Strategy: Deutsche Bank

The UK has announced its lowest number of week-day hospital deaths linked to coronavirus for three weeks, confirming the death rate is starting to come down and leading to increased calls by the coโ€ฆ

Read more … →