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 r…
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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.
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The British Pound would come under substantial pressure under a no deal Brexit scenario warns the Bank of England.
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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.
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Commentators say Trump’s intervention is likely to weaken May’s hand at a time when she is seeking to get the deal approved by parliament.
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"GBP pressure should persist and volatility remain high this week" - Joseph Capurso, CBA.
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The Pound will fall back toward its post-referendum low against the Euro over the next six weeks, according to Capital Economics, whose forecasters say the U.K. currency and economy will have a tur…
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