04 September 2019 The Pound is a Lose-Lose on General Election say ING, Warn of Potential Downside vs. Dollar and Euro

The British Pound is at risk of further declines despite the House of Commonโ€™s voting on Tuesday to take a Sterling-toxic โ€˜no-dealโ€™ Brexit scenario off the table, says Dutch lender ING Bank.

Read more … →
04 September 2019 Pound Sterling Extends Higher After Parliament Takes a Step Closer to Blocking a 'No Deal' Brexit

Labour are refusing to acccept Prime Minister Boris Johnson's request for an election to be held before a 'no deal' Brexit is outlawed, and the British Pound is left scratching its head.

Read more … →
03 September 2019 The Pound is Rallying: Volatility is the Order of the Day for Nervous Sterling

The British Pound was seen to be under pressure right across the board ahead of a key day of manoeuvres in the House of Commons that could see a 'no deal' Brexit outlawed by MPs, and the wheels putโ€ฆ

Read more … →
02 September 2019 Pound in the Red as General Election Odds Rise

Sterling starts the new week lower against most major currencies with market participants looking to take some exposure off the table ahead of parliament's return on Tuesday.

Read more … →
29 August 2019 Pound Sterling Latest: Emergency Debate Sought by Labour, Pound Holds Key Levels vs. Euro and Dollar Despite Heightened Political Angst

Pound Sterling is looking more assured on Thursday, August 29 with foreign exchange traders opting to await details on what steps MPs opposed to Brexit will take when parliament opens next week.

Read more … →
28 August 2019 The Pound Drops on Parliament Suspension, but Downside Limited by Hope of Brexit Deal Progress with EU

The Pound has come under significant selling pressure on news that parliament will be shut down from mid-September.

Read more … →
27 August 2019 Pound Sterling Extends Gains vs. Euro and Dollar as Opposition Seeks Strategy on Avoiding 'No Deal' Brexit

The British Pound is trading higher at the start of the new week as markets assess that the chances of a no deal Brexit are diminishing once more.

Read more … →