The return of Parliament has coincided with a fresh bout of selling in the British Pound, with markets finding little by way of progress towards a resolution to the current Brexit impasse.
Read more … →There is certainly a sense that markets are stepping back from pushing the UK currency higher following weeks of gains as positive political momentum fades: despite the bucket loads of political in…
Read more … →The British Pound was seen consolidating against the Euro, U.S. Dollar and other major currencies ahead of the ruling by the UK's Supreme Court on whether Prime Minister Boris Johnson's decision to…
Read more … →The British Pound rallied to multi-month highs last week amidst growing expectations for a Brexit deal to be struck before October 31, and this week UK Prime Minister will meet his European counter…
Read more … →The British Pound is the best performing major currency of the day, week and month, as a recovery built on expectations that a 'no deal' Brexit is becoming less likely extends.
Read more … →The Pound appeared to stabilise against the Dollar and Euro in noon trading Thursday after the Bank of England (BoE) stuck with its long-held commitment to raising interest rates steadily over the …
Read more … →The British Pound retains a positive bias against the Euro, Dollar and other major currencies on Thursday, September 19. However, we note the currency faces a pressure-point in the form of a new Se…
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