Pound Sterling is seen under heavy selling pressure at the start of the new week amidst with traders shedding exposure to the currency ahead of the December 11 Brexit deal vote in the House of Commons.
December 3,2018
The Pound underperformed rivals Monday even after November's IHS Markit manufacturing PMI surprised on the upside, as concerns about the latest developments in the Brexit saga weighed on the British currency.
December 3,2018
A delay to the deadline for the UK’s withdrawal from the EU is now a highly likely Brexit scenario given fierce opposition to the government’s deal, says Handelsbanken, and this will keep Sterling under pressure during 2019.
December 3,2018
The Pound will hit historic lows against both the Euro and Dollar before March, according to analysts at MUFG, because Prime Minister Theresa May's Brexit proposal looks almost certain to be rejected by parliament.
November 30,2018
We are seeing a big, independent leg lower in Sterling towards the mid-morning mark with one analyst telling us that traders are feeding off "extremely strong" bearish signals on the Pound.
November 29,2018
The British Pound would come under substantial pressure under a no deal Brexit scenario warns the Bank of England.
November 29,2018
The Prime Minister is facing a bruising defeat in the House of Commons when it votes on her Brexit deal in December and there are fears she might be unable to continue in her role as a result.
November 29,2018
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