Parliament will be suspended today it has been confirmed, and we therefore expect nerves towards Sterling to remain elevated in the near-term as the Government seeks ways to foil parliament's demands for a Brexit delay to be requested of the EU.
September 9,2019
The British Pound is trading near recent highs against the Euro, and is forming a base near multi-month lows against the Dollar as markets judge the prospect of a 'no deal' Brexit taking place on October 31 has diminished over the course of the past week.
September 9,2019
The British Pound is paring recent gains as markets approach the weekend, with traders awaiting details on the date of when an expected snap General Election will take place.
September 6,2019
An address by Prime Minister Boris Johnson should be the key event of the day for the Pound; how Johnson responds to the series of setbacks he has suffered of late could be significant.
September 9,2019
The British Pound is at risk of further declines despite the House of Common’s voting on Tuesday to take a Sterling-toxic ‘no-deal’ Brexit scenario off the table, says Dutch lender ING Bank.
September 4,2019
Labour are refusing to acccept Prime Minister Boris Johnson's request for an election to be held before a 'no deal' Brexit is outlawed, and the British Pound is left scratching its head.
September 9,2019
The British Pound was seen to be under pressure right across the board ahead of a key day of manoeuvres in the House of Commons that could see a 'no deal' Brexit outlawed by MPs, and the wheels put in motion for a General Election.
September 3,2019
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