Surprise contraction in UK economic activity sparks a sudden fall in the value of the British Pound.
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Probabilities of a 'no deal' Brexit taking place in 2019 can go materially higher, and therefore the potential for further Sterling declines is sizeable. In short, the market still favours an event…
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Analysts at British high-street lender Lloyds Bank say markets are too pessimistic on Sterling and that a negotiated Brexit deal is still the most likely outcome to the current impasse.
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The possibility of a 'no deal' Brexit is likely to stay on the table for the next 3-months, says Richard Harris, the CEO of Port Shelter Investment Management, and the inference is that this will l…
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Foreign exchange strategists at a global investment bank say Sterling is likely to be driven lower on three factors over the short-term, but the currency is ultimately likely to recover as a 'no de…
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The British Pound remains under pressure on Tuesday amidst reports The European Union are now operating on a "working hypothesis of no-deal" after accepting the prime minister "isn't bluffing" abou…
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The British Pound was soft on Friday as markets digested the results of the Brecon and Radnorshire by-election result that saw the government's parliamentary majority cut to just one after the seat…
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