Brexit and the Pound

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

Pound Sterling today

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

Johnson Sterling impact

The British Pound is higher on Monday: a move that coincides with fresh reports that there are in fact still routes that can be explored by MPs wishing to prevent a 'no deal' Brexit.

August 13,2019

Breaking news

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

August 9,2019

Brexit

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

Lloyds Bank

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

Johnson

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

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