15 October 2018 Pound Sterling Firms on Euro & U.S. Dollar, May Tells Lawmakers Brexit Divide can be Briged

Pound Sterling suffers a soft start to the week but Theresa May tells the Commons that the U.K. and E.U. have made progress on the Northern Ireland question in Brexit talks allowing markets to cont…

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11 October 2018 Brexit Deal Hinges on U.K. Securing a Time Limit to the Backstop

Pound Sterling treads water as traders await news of a Brexit deal, allowing a strong comeback in the Euro and a number of other currencies to put it on the backfoot. Latest news is an U.K.-wide ba…

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11 October 2018 Northern Ireland's DUP Pose Significant Hurdle to May's Brexit Plans

The British Pound is resting near recently achieved multi-week highs against the Euro and multi-day highs against the U.S. Dollars with the market apparently adopting a wait-and-see approach to an …

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10 October 2018 U.K. Economy Stalls in August but still Set for Strong Finish to 2018

The Pound erased earlier gains and slipped lower Tuesday after official data highlighted strong momentum in the economy during the summer months but revealed a slowdown in growth during August.

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10 October 2018 Rumours of Brexit Deal Announcement on Monday Pushes Pound Sterling to Fresh Highs

Pound Sterling is underpriced and will probably rise between 5% and 10% as Brexit risks subside, says Mike Amey, the head of Sterling portfolios at Pimco, the largest bond fund in the world.

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08 October 2018 The Pound Suffers Profit-Taking, May Said to be Putting Brexit Talks on 'Go Slow'

Reports Monday concerning Brexit have given foreign exchange traders an excuse to trigger profit-taking on Sterling's recent multi-day rally.

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08 October 2018 British Pound Still at Crisis Levels, has Scope for Recovery say Nomura

The British Pound reversed recent gains made against the Euro, U.S. Dollar and other major currencies at the start of the new week, but we believe the conditions remain in place to keep the currenc…

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