Brexit Negotiations - Results from #20

12 March 2019 Pound Dealt Fresh blow by DUP

The British Pound has performed a sharp turn-around after the UK Attorney General dismisses recent concessions made by the EU on the matter of the Irish backstop.

12 March 2019 The Pound Today: Impressive Gains Give Way to Caution as Markets Await Dominos to Fall into Place

The British Pound rose to record fresh multi-month highs against the Euro and rallied towards recent multi-month highs against the Dollar following a last-gasp attempt by the EU and UK to secure a …

11 March 2019 UK Pound Higher as May Heads to Brussels to Try and Snatch Last-Gasp Brexit Concessions

It's a soft start to the week for Pound Sterling with foreign exchange markets cutting back on exposure to the currency as they eye a critical few days in Brexit politics.

08 March 2019 May in Last-Ditch Plea to EU, Pound Sterling to Fall on Looming Article 50 Extension say Nordea Markets

Pound Sterling remains the best performing G10 currency for 2019, but we are hearing analysts say the currency will struggle to advance any further during coming weeks because an extension of the A…

06 March 2019 The Pound Suffers Nerves as Cox Fails to Deliver Breakthrough, Barclays see Further Profit-Taking vs. Euro and U.S. Dollar

The British Pound is seen trading steady in the midweek session, albeit well off recent highs as traders express nerves that the UK will be unable to secure the kind of assurances required from Bru…

04 March 2019 The Pound Awaits Cox-Barnier Meeting

The strong start for Sterling comes as markets continue to price out a 'no deal' Brexit occurring on March 29, with foreign exchange markets on Monday digesting conflicting news on what it is UK At…

28 February 2019 Pound Falls Back Below 1.17 Euros, "Don't Chase the Rally" says Analyst

Pound Sterling has found a new ‘glass ceiling’ above which it is unlikely to rise without a new catalyst say a number of foreign exchange analysts we have heard from on a day that has seen the curr…

27 February 2019 Pound Sterling Claims Fresh Highs on Report Brexit Could be Delayed by up to Two Years

The British Pound is adding to its recent gains against the Euro and U.S. Dollar in the mid-week session, as financial markets maintain the view that a 'no deal' Brexit outcome is unlikely and that…

26 February 2019 Pound Hits New 2019 Best Against the Euro

Pound Sterling has pushed higher towards the top of a medium-term range against the Euro on news flow that suggests the likelihood of a 'no deal' Brexit is becoming increasingly remote.

25 February 2019 British Pound 'Breakout' Looms with Markets Eyeing Crucial Parliamentary Vote Midweek

Pound Sterling is consolidating against the Euro with the Pound-to-Euro exchange rate quoted at 1.1520 at the start of the new week, if we look at the below chart we can see the pair has been more-…

22 February 2019 British Pound Holds Week's Gains vs. Euro and Dollar, Analysis Shows May's Deal has a Decent Shot of Getting Through Parliament

The British Pound is the best performing major currency of the past week having recorded advances against the likes of the Euro and Dollar on the back of cementing expectations that a 'no deal' Bre…

21 February 2019 May & Juncker Meeting Hints at Progress, Pound Sterling Well Supported

The British Pound is trading above 1.15 against the Euro and 1.30 against the Dollar on Thursday, February 22 with markets taking stock of the latest high-level Brexit meeting held between the EU a…

19 February 2019 The Pound Rallies Amidst Fresh Movement on Backstop

A series of rumours that point to progress in Brexit negotiations appear to have triggered a strong rally in the British Pound over the course of the past 24 hours.

07 February 2019 In a Win for May, UK and EU Agree to send their Brexit Negotiators Back to the Table

Negotiations between the UK and EU on the Brexit deal will be reopened following a meeting between European Commission President Jean-Claude Juncker and UK Prime Minister Theresa May.

06 February 2019 British Pound Resilience Shows Markets still believe 'No Deal' Brexit will be Avoided, Despite Tusk and Juncker Raising the Heat Ahead of May's Visit to Brussels

Prime Minister Theresa May meets Northern Irish political parties today before moving on to Brussels on Thursday for a series of meetings, most notably with European Commission President Jean-Claud…

05 February 2019 Pound Sterling in the Red amidst Cocktail of Brexit Developments, Disappointing Data and Technical Selling

For the Pound, focus will remain primarily on Brexit developments as Prime Minister May heads to Belfast, while the release of Service PMI data in mid-morning could cause some short-term gyrations …

30 January 2019 Outlook for the Pound: Negative in the Short-Run with Political Turbulence Ahead

The British Pound's strong start to 2019 might have reached a zenith with developments in parliament on the night of Tuesday, January 30 indicating that the market will have to remain wary of a 'no…

29 January 2019 Pound Shaken by Cooper Amendmant Loss but Steadies after May Notches up a Crucial Win

Prime Minister Theresa May has on Tuesday told the UK parliament she will head back to Europe and ask that the Brexit Withdrawal Agreement struck with EU partners be reopened with the view to rewor…

29 January 2019 Pound Sterling Forecast to Drop if Cooper Amendment is Defeated, Maintains Soft Undertone vs. Dollar and Euro as Corbyn Yet to Back Bid to Delay Brexit

The British Pound was seen trading softer against major rivals on Tuesday, January 29 ahead of a number of key votes scheduled to take place in the UK parliament that could determine the nature of …

28 January 2019 Pound Lower as Markets Eye 24 Hours of Risk Ahead

The British Pound is seen trading near multi-week highs against the U.S. Dollar, Euro and a number of other major currencies at the start of what promises to be another week packed with political i…