Surprise contraction in UK economic activity sparks a sudden fall in the value of the British Pound.

August 9,2019

Probabilities of a 'no deal' Brexit taking place in 2019 can go materially higher, and therefore the potential for further Sterling declines is sizeable. In short, the market still favours an eventual agreement between the EU and UK being found.

August 11,2019

Analysts at British high-street lender Lloyds Bank say markets are too pessimistic on Sterling and that a negotiated Brexit deal is still the most likely outcome to the current impasse.

August 9,2019

The possibility of a 'no deal' Brexit is likely to stay on the table for the next 3-months, says Richard Harris, the CEO of Port Shelter Investment Management, and the inference is that this will likely keep Sterling pressured over that period.

August 8,2019

Foreign exchange strategists at a global investment bank say Sterling is likely to be driven lower on three factors over the short-term, but the currency is ultimately likely to recover as a 'no deal' Brexit will be avoided.

August 8,2019

The British Pound remains under pressure on Tuesday amidst reports The European Union are now operating on a "working hypothesis of no-deal" after accepting the prime minister "isn't bluffing" about a 'no deal' Brexit taking place on October 31.

August 6,2019