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The Pound is on course for an summer of discontent as an embattled Prime Minister comes under increasing pressure to step aside for a Brexit-supporting replacement to take the helm, stoking market fears over the likely path the UK will take out of the European Union.
May 17,2019
The UK grew its reserves of foreign currency at noticeable rate in the run up to the original March 29 Brexit deadline, and we could see a similar build up ahead of the October 31 deadline says one analyst.
May 16,2019
The British Pound will on Thursday look to recover recent losses that saw the currency plumb fresh multi-month lows against the Euro, U.S. Dollar and a host of other currencies.
May 16,2019
Sterling traders will now have a date to focus on as a new Brexit showdown has been put into the calendar that promises to spark the next potential bout of volatility in the currency.
May 15,2019
The British Pound will be hoping for some respite following successive days of losses against its major partners amidst a combination of global trade wars and negative Brexit headlines with investor focus today falling on employment data and a key meeting of the UK cabinet.
May 15,2019
The Pound is firm at the start of the new week with markets digesting reports Prime Minister Theresa May is considering reopening Brexit talks with the EU to help deliver a cross-party Brexit deal.
May 13,2019
The Pound caught a fresh bid from the market on Friday when official data showed the economy gaining momentum in the first-quarter for the first time in five years, with pre-Brexit preparations among manufacturers proving a key source of activity.
May 10,2019
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