With Parliament agreeing a December 12 election, the door to a period of fresh political uncertainty is now open for Sterling.
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The strong upside momentum seen earlier in October has certainly faded, with traders and investors eyeing a General Election campaign in the lead up to Christmas as being a reason to remain cautiou…
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The British Pound is seen trading with a slightly positive tone at the time of writing on Monday morning following the agreeing of a Brexit extension by the EU, while one major financial services i…
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The Pound rose was on its front foot Monday after the EU granted the UK a 'flextension' of the Article 50 period and amid speculation the Prime Minister may have the number of votes required to tri…
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Foreign exchange strategists at HSBC say they believe the "balance of risks" facing the British Pound are now tilted to the upside.
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The British Pound is likely to retain a heavy tone in the short-term as the UK political environment descends into crippling uncertainty, after the Government said it would table a vote for an earl…
Read more … →The British Pound fell further from recent multi-month highs Thursday after Prime Minister Boris Johnson said he would ask Parliament to vote for a snap General Election on Monday.
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