Rees-Mogg could lead rebellion against Theresa May's Brexit deal

"We already think GBP may be overreacting to the upside and faces considerable challenges as the process of ratification continues" - Adam Cole, RBC Capital Markets.

November 15,2018

Pound Sterling news

It is reported E.U. and U.K. have agreed a text on how to avoid a hard border on the island of Ireland suggesting the final and most contentious stumbling block to a Brexit deal has been reached.

November 14,2018

British Pound outlook bouyed by talk of imminent Brexit deal

The British Pound is on the front foot amidst reports a Brexit deal can be secured within the next two days.

November 13,2018

The Pound apppeared to shrug off a mixed unemployment report for September, which revealed a cocktail of faster wage growth but higher unemployment during the recent period, as markets keenly await the announcement of an EU withdrawal agreement from the Prime Minister. 

November 13,2018

Pound to Euro

Following a poor start to the new week the British Pound is seen consolidating against the Euro, giving rise to hopes that a full-blown fire-sale of the currency has been avoided.

November 13,2018

Exchange rates

Reports of a "GBP hedging frenzy" confirm markets are growing more nervous of the prospects of a 'no deal' Brexit transpiring.

November 12,2018

Barnier head EU Brexit negotiator

Pound Sterling has endured a torrid start to the new week as Brexit headlines prompt traders to become more cautious on the prospects of the E.U. and U.K. agreeing a Brexit deal before the end of the year.

November 13,2018

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