16 September 2019 British Pound Corrects Lower in a Risk-off Market as Boris Johnson Takes 'No Deal' Threat to Luxembourg

The Pound was unravelling in a risk-off market Monday as currency traders responded to a cocktail of negative domestic and international headlines at the beginning of what is set to be an action-pa…

Read more … →
13 September 2019 British Pound Scales New Highs after Boris Johnson Said to Soften 'Red Lines', but Buyer Beware...

Sterling advanced against all major rivals Friday after being boosted by speculation suggesting the British government could be softening its red lines on the so-called Northern Irish backstop…

Read more … →
12 September 2019 The British Pound: Running on Fumes, with International Factors in Driving Seat

The Pound traded in volatile swings against most major rivals Thursday and was lower against its European counterparts by the London close but higher relative to commomity currencies and the U.S Do…

Read more … →
11 September 2019 Pound Sterling Extends Gains, Court Rules Suspension of Parliament Unlawful

A recent run of "good news" on the Brexit front may be coming to an end - and with it, the rebound Sterling has enjoyed in recent days says a leading FX analyst.

Read more … →
10 September 2019 Pound Sterling Today: Strong Wage Data Provides Support, Johnson to Press Ahead and Attempt to Get a Deal

The British Pound is being tipped to remain supported over coming days, amidst growing signs that Prime Minister Boris Johnson's strategy going forward now rests on reaching a new deal with the EU,…

Read more … →
10 September 2019 Upside Risks to Pound Sterling Mount say Goldman Sachs

According to Zach Pandl, an analyst with Goldman Sachs, the recent developments in UK politics "has narrowed the path to a 'no deal' Brexit, skewing near-term risks to Sterling to the upside."

Read more … →
09 September 2019 Pound Sterling Today: Defiant Johnson Determined to Find a Way to Avoid Brexit Delay, Pound Rally Against Euro and Dollar Extends

Parliament will be suspended today it has been confirmed, and we therefore expect nerves towards Sterling to remain elevated in the near-term as the Government seeks ways to foil parliament's deman…

Read more … →