Barnier rejects key customs proposal in May's Chequers plan ensuring fears of 'no deal' Brexit are alive, but "reverting to World WTO rules would not be the end of the world" say Capital Economics.…
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The British Pound sank to fresh session lows as the EU's Michel Barnier and Dominic Raab briefed the press as to the progress of the latest round of Brexit negotiations.
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GBP/SGD has moved back into the 'sell-zone' and provides 'bears' with an opportunity to re-enter short positions against Sterling but valuations recommend a cautious stance
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Traders are buying downside protection to protect against negative Brexit outcomes, and this is what is really weighing on the Pound.
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The Pound will rise over coming days as the Bank of England gears up for its second interest rate hike since the financial crisis, according to analysts at Skandinaviska Enskilda SEB…
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The Pound is headed back toward its post-referendum lows over the coming months, according to analysts at ING Group who have downgraded their forecasts for the UK currency over near-term timeframes…
Read more … →The British Pound perked up somewhat ahead of the weekend, coming off recent lows against the Euro and surging above 1.31 against the Dollar following the closing of Brexit-related talks in Brussel…
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