The Pound was steady in the wake of October's GDP data, which showed the economy limping along in the final quarter, at the beginning of a week that promises to be dominated by events in Westminster as the Brexit soap opera enters a new chapter.
December 10,2018
It's actually quite hard to read the markets: We have Europe likely to start in the green, but Asia is in the red.
December 10,2018
The Pound will rise by almost eight percent against the Dollar before the UK leaves the European Union, according to analysts at Bank of America Merrill Lynch, who say the currency offers investors a unique opportunity at the moment.
December 9,2018
The probability of the UK remaining in the EU has now doubled to 40%, the highest it has been since the referendum, say analysts at investment bank JP Morgan, offering a fundamental view that supports the formation of a technical floor we see forming under the Pound.
December 7,2018
The Pound will have to endure a volatile December that could yet result in punishing losses if things go the wrong way for the government but the overall risk for Sterling is now tilting toward the upside, according to RBC Capital Markets.
December 7,2018
Pound Sterling could be protected from significant weakness over coming days and weeks on moves by parliamentarians to prevent a 'no deal' Brexit taking place in March 2019, however we expect the currency to maintain a soft undertone ahead of the key December 11 Brexit vote.
December 6,2018
Bank of England policy makers have stood by analysis suggesting the British Pound is at risk of losing substantial ground in the event of a disruptive 'no deal' Brexit taking place in 2019.
December 4,2018
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