15 December 2017 British Pound: Sterling Slumps Against Euro and Dollar after Phase 2 Guidelines from European Council Open Fresh Can of Worms

  "Sufficient Progress" has been declared but the rub for Sterling is that Brussels has thrown down another gauntlet for PM May with its Phase 2 guidelines.

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14 December 2017 Bank of England Holds Rates and Stays on Message, Analysts Give their Views

Analysts give their views on the Bank of England's latest interest rate decision and monetary policy statement.

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13 December 2017 British Pound Tops 1.1400 Against Euro after ECB Disappoints and Donald Tusk Hints at “Sufficient Progress” Declaration

Retail sales, "sufficient progress", the Bank of England and traders’ reactions to the “amendment 7” defeat of the government in parliament were the main events Thursday.

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13 December 2017 Pound Sterling Advances on G10 Basket after Wage Squeeze Eases and Unemployment Holds 42 Yr Low

The squeeze on UK wage packets has eased. Markets will now focus on Thursday's Bank of England meeting and European Council summit.

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12 December 2017 British Pound Holds Gains Over Euro after Inflation Tops 3%, Folds to Dollar Advance

Brexit news now takes a backseat as the focus turns back to economic data, with November inflation, wages and the Bank of England front and centre.

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08 December 2017 Deutsche Bank Turning More Optimistic on Pound Sterling, Hints at Upgrade in GBP vs. EUR Rate for 2018

Early on Friday morning, Theresa May finally managed to broker an agreement with the Irish government, the DUP and the EU to take the UK onto the next phase of Brexit negotiations, Deutsche Bank as…

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08 December 2017 British Pound Outlook vs. Euro and Dollar Following Brexit Deal: Analysts are Giving their Views

Pound Sterling is seen rising as a deal between the E.U. and U.K. over the first phase of Brexit negotiations has this morning been confirmed. We ask the analyst community where they see Sterling g…

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