Pound Sterling has hit fresh two-month highs against the U.S. Dollar and Euro in the mid-week session as one of 2019's favourite trade shows it has the legs to run a little further.
January 24,2019
Pound Sterling trades towards the top end of a multi-week range against the Dollar and Euro thanks to a combination of positive technical momentum and developments that suggest a 'no deal' Brexit will be avoided on March 29.
January 22,2019
Prime Minister Theresa May will today reveal to parliament the shape of the government's "Plan B" Brexit deal with the hope that lawmakers will unite behind the proposed changes, an outcome that would ultimately be welcomed by markets and a British Pound that is craving certainty.
January 22,2019
The British Pound is cheap by historical standards and the low probability of a ‘no-deal’ Brexit means the currency is likely to rise in the future, says Morgan Stanley.
January 18,2019
The Pound appeared to falter on Friday after official data revealed a steeper-than-expected fall in retail spending during December, although losses have been shallow given the latest developments in the Brexit process, which could now support the currency into the new week.
January 18,2019
Pound Sterling is on the front-foot ahead of the weekend, rising to a fresh two-month high against the Euro and Dollar as Brexit headlines continue to hit the markets in thick and fast with news that the DUP could support a customs union being the most prominent development of the past 24 hours.
January 18,2019
Sweden's political parties have agreed the formation and leadership of a new government that will end a four-month period of political uncertainty, enabling markets to return their focus to the Riksbank interest rate outlook and Brexit, which are what matter most for the Pound-to-Krona rate.
January 17,2019
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