Merkel and Tusk German veto of Brexit extension

Currency markets will be digesting a number of notable Brexit-related headlines on Thursday, May 30, involving the Labour Party's position on a second referendum and a German veto to any further extension of Brexit.

May 30,2019

 Corbyn pivots towards 2nd referendum

The prospect of a second Brexit referendum could be about to rise sharply, this should provide Sterling with some protection against further falls based on fears that a 'no deal' Brexit on October 31 is growing.

May 30,2019

British Pound

Pound Sterling stabilised Tuesday after a volatile start to the new week but the British currency is on the verge of another slide that could soon take it all the way down to January's lows, according to analysts from multiple banks.

May 29,2019

Brexit Party's Farage

Pound Sterling appears to be entering a tentative sideways trading pattern against both the Euro and U.S. Dollar as the countdown to the end of what has been a very difficult month for the currency begins.

May 29,2019

The Pound recovered its poise on Friday as the Dollar weakened although the British currency was aided during the morning session by an April retail sales number that surpassed market expectations.

May 24,2019

May exit strategy

Pound Sterling is seeing some welcome relief ahead of the weekend with some modest gains being recorded against the Euro, Dollar and a host of other major currencies, but how the under-pressure Pound ends the week will ultimately depend on the market's reaction to Prime Minister Theresa May's exit strategy which has just been announced. 

May 25,2019

May and impact Pound exchange rate

Reports out Thursday suggest Prime Minister Theresa May will quit office on Friday May 24.

May 23,2019

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