The return of Parliament has coincided with a fresh bout of selling in the British Pound, with markets finding little by way of progress towards a resolution to the current Brexit impasse.

September 27,2019

There is certainly a sense that markets are stepping back from pushing the UK currency higher following weeks of gains as positive political momentum fades: despite the bucket loads of political intrigue emanating from Westminster, very little has in fact changed for the currency markets.

September 25,2019

The British Pound was seen consolidating against the Euro, U.S. Dollar and other major currencies ahead of the ruling by the UK's Supreme Court on whether Prime Minister Boris Johnson's decision to shut down parliament was lawful.

September 24,2019

The British Pound rallied to multi-month highs last week amidst growing expectations for a Brexit deal to be struck before October 31, and this week UK Prime Minister will meet his European counterparts in New York to try and make further progress.

September 23,2019

The British Pound is the best performing major currency of the day, week and month, as a recovery built on expectations that a 'no deal' Brexit is becoming less likely extends.

September 20,2019

The Pound appeared to stabilise against the Dollar and Euro in noon trading Thursday after the Bank of England (BoE) stuck with its long-held commitment to raising interest rates steadily over the coming years.  

September 19,2019