The calm before the storm: How Pound Sterling is likely to be bucked by volatility as UK political uncertainty explodes.
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Expect a period of lacklustre, range-bound trade in the British Pound - with risks skewed to the downside - following the EU's decision to grant the UK an extension to October 31.
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For Pound Sterling the length of delay to Brexit that will be announced by the EU today will be of primary importance.
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Pound Sterling faces a period of extended limbo as the UK is expected to be offered lengthy Brexit extension that effecitvely leaves it a powerless EU member state.
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Prime Minister Theresa May will be hoping to pursuade France's Emmanuel Macron against his reported hardline stance on whether or not the EU should offer the UK a long Brexit at a special midweek s…
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The key drivers for Sterling in the immediate term are 1) the ability of Labour and the Conservatives to strike a cross-party Brexit consensus and 2) the shape of any Brexit delay offered by the EU…
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A leading foreign exchange analyst says he remains wary of the Pound and advises traders to steer clear of the currency as the popular notion that a 'no deal' Brexit will be avoided is entirely mis…
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