Prime Minister Theresa May's Brexit deal has been defeated by a massive 149 votes, and counter-intuitively the British Pound has rallied in response.
March 13,2019
The British Pound has performed a sharp turn-around after the UK Attorney General dismisses recent concessions made by the EU on the matter of the Irish backstop.
March 12,2019
The British Pound rose to record fresh multi-month highs against the Euro and rallied towards recent multi-month highs against the Dollar following a last-gasp attempt by the EU and UK to secure a Brexit deal.
March 12,2019
It's a soft start to the week for Pound Sterling with foreign exchange markets cutting back on exposure to the currency as they eye a critical few days in Brexit politics.
March 11,2019
The market is seeing Brexit risks through rose-tinted glasses, says Jane Foley, senior FX strategist at Rabobank, and an argument that the Pound is overvalued in the short-term can therefore be made.
March 10,2019
Pound Sterling remains the best performing G10 currency for 2019, but we are hearing analysts say the currency will struggle to advance any further during coming weeks because an extension of the Article 50 exit period is about to prolong the uncertainty hanging over the economy.
March 8,2019
Analysts warn that should Prime Minister Theresa May's Brexit deal be shot down next week, the British Pound could find itself coming under notable pressure, even if UK parliamentarians vote to delay Brexit.
March 8,2019
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