The Pound has reclaimed its earlier position as the second best performing major currency of 2019 and could now be becoming, for some at least, a 'buy on dips' prospect rather than the 'sell on rallies' story it's been through much of the year but others are urging a cautious approach toward the British currency.

October 18,2019

The Pound rallied into the weekend Friday as markets celebrated an ebbing of 'no deal' Brexit risk and Prime Minister Boris Johnson returned from Brussels proclaiming a new deal, but the British currency has more upside left to run against the Dollar than Euro, according to Nordic lender Skandinaviska Enskilda Banken (SEB). 

October 18,2019

The British Pound holds near multi-week highs as the clock counts down to an important showdown in the UK Parliament where MPs will on Saturday be tasked with giving a 'meaningful vote' on the deal struck between the UK and EU in Brussels on Thursday.

October 18,2019

Pound Sterling has rallied against the Euro, Dollar and other major currencies on confirmation of a Brexit deal being agreed by the EU and UK.

October 17,2019

The British Pound was seen maintaining a holding pattern against the Euro, U.S. Dollar and other major currencies on Thursday as markets awaited the outcome of days of intense Brexit negotiations.

October 17,2019

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