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Prime Minister Johnson has potentially fired the starting gun on a fresh round of Brexit negotiations which - on the margin - are supportive of Sterling in that it suggests there is a route to a new Brexit deal being struck, thereby preventing the EU and UK parting ways without a deal on October 31.
August 22,2019
The Pound starts the new week softer, and is seen just off its recent multi-day highs as markets await further direction on the Brexit process.
August 19,2019
The Pound advanced against the Dollar, Euro and other major rivals Thursday as so-called risk assets recovered from an earlier sell-off, although the British currency was aided higher by strong July retail sales figures that have encouraged speculation of a third-quarter economic recovery in the UK.
August 15,2019
The British Pound is looking to record a fourth successive day of gains against the Euro and U.S. Dollar, amidst signs of a strong appetite for a cross-party Government being formed to stop a 'no deal' Brexit amongst the Labour and Liberal Democrat parties.
August 15,2019
The British Pound was seen consolidating against the Euro, U.S. Dollar and other major currencies ahead of the latest monthly inflation data release.
August 14,2019
Pound Sterling is set to lose a further 3.0% of its value against the Euro and nearly a further 9.0% of its value against the U.S. Dollar by the time 2019 is out say foreign exchange analysts at global investment bank MUFG.
August 14,2019
UK wage growth is in focus for Sterling today, and markets will be wary of another move in Sterling in response to the numbers.
August 13,2019
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