Brexit Negotiations - Results from #140

31 January 2018 Wake Up call for Pound Sterling Bulls as EU Fights Free Trade Deal for UK Financial Services

The Pound exchange rate complex was seen lower across the board in mid-morning trade in London as the Brexit saga took a new twist.

29 January 2018 EU Agree Transitional Deal Guidelines "Within Two Minutes" as Conservative Party Pressure May for a Sincere Brexit

The staunch position of EU ministers revealed on Monday risks inflaming renewed tensions within Westminster, particularly among members of Prime Minister Theresa May’s own party.

16 January 2018 British Pound Shows Nerves as Political Heat Raised in Brussels Jawbone Offensive

A surge in soundbites from Brussels regarding their position on Brexit have emerged today - be aware that this could provide some volatility in Pound Sterling.

12 January 2018 Pound Jumps on Multiple "Soft Brexit" Developments

Pound Sterling is the day's best-performing major currency following a series of developments that all point toward a softening in the state of play around Brexit.

08 January 2018 MUFG Confirm they see the Pound Higher in 2018 on "Smooth and Orderly" Brexit

The British Pound could again be one a best-performing currency in 2018 argue analysts at a leading international financial services provider.

03 January 2018 Strategists see Pound Sterling Advancing in 2018 Amidst Growing Brexit Clarity

Pound Sterling tipped to go higher in 2018 as Brexit clarification improves sentiment.

18 December 2017 Pound Vs Euro to Fall in 2018 say Morgan Stanley As Odds Are Stacked Against Sterling

A transition deal means a slower journey to a bad destination so if an agreement is struck in the new year, it will be unlikely to boost the economy’s performance.

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.

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.

12 December 2017 Pound at Risk VS Euro, Dollar as Bears Return Warning “Sufficient Progress” is Just the Beginning

The "breakthrough" related rally to higher levels has not materialised for the Pound and Sterling bears are now beginning to re-emerge.

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…

08 December 2017 Deal in the Bag: Pound Sterling Breaks Higher as Deal is Confirmed Over Breakfast in Brussels

U.K. Prime Minister Theresa May has worked the phones through the night and is this morning in Brussels with Secretary of State for Exiting the European Union David Davis to seal the deal on a fina…

07 December 2017 Pound Sterling Surges as E.U. + U.K. Make Late Night Push for Brexit Breakthrough

Reports that the U.K., Ireland and the E.U. are working through the night to try and reach a breakthrough on Brexit negotiations has seen buyers rush into the Pound.

06 December 2017 British Pound Bulls Credit Suisse see Faith in Sterling Shaken by Irish Border Tussle

"If we are wrong, the asymmetry seems in favour of a rather sharp fall in the GBP amidst a potential double risk of "no transition deal" and "a collapsed government," - Credit Suisse

06 December 2017 David Davis Pressured by MPs Over “Brexit Impact Assessments”

With the debate over how to settle the Northern Irish border question still raging, Brexit Secretary David Davis is facing increasing pressure from a parliamentary committee to share DexEU analysis…

05 December 2017 British Pound Tipped to Go Higher vs. Euro, Dollar as "Logic to Prevail" in Brexit Talks

Both the E.U. and the U.K. will be better off buying more time and agreeing to at least a two-year extension - and this will be good news for Pound Sterling say Bank of America.

04 December 2017 "No Deal Today" - Pound Sterling Bucked Higher and Lower as E.U. and U.K. Impasse on First Phase of Brexit Talks Remains in Place

The Pound rose on earlier hopes that all issues - particularly the issue of the Irish border - had been solved. However, when news broke that no deal had in fact been reached, the currency fell bac…

30 November 2017 Pound Sterling Extends Rally vs. Dollar, Euro on Irish Border Progress, but DUP Issues May with Warning

"EU leaders are preparing to offer a two-year Brexit transition deal as early as January after negotiators said that they were close to a breakthrough over the Northern Ireland border." - The Times…

29 November 2017 Further Pound / Euro Exchange Rate Gains Likely say Analysts

Pound Sterling is seen heading back towards the top of its recent range against the Euro, but it could break to fresh multi-month highs before long.

29 November 2017 Signs of Brexit Agreement Make Pound Sterling the Day's Best Performer

Pound Sterling popped higher on further confirmation the E.U. and U.K. are making progress on Brexit negotiations with reports suggesting that agreement has been reached on the so-called divorce bi…