Brexit Negotiations - Results from #80

05 November 2018 Pound Sterling Whipsaws on 'Secret' Brexit Deal Rumour

Pound Sterling shot higher at the start of the week to record two-week highs against the U.S. Dollar and three-week highs against the Euro before the advance was ultimately faded as markets bemoan …

02 November 2018 Pound Sterling Holds Advance on Report of new E.U. Concession on Irish Backstop, Near Highs vs. Euro and Dollar

We have further Sterling-supportive developments on Brexit ahead of the weekend with reports E.U. is offering the U.K. a concession on the troublesome Irish backstop.

01 November 2018 British Pound Powers Higher on Reports of Brexit Deal on Services, Markets Ignore Barnier's Denial

The Pound starts November on a strong footing thanks to reports of a breakthrough in Brexit negotiations over the future trade in services between the EU and UK.

31 October 2018 The Pound Rallies on News Raab Expects Brexit Deal within Three Weeks, Records Strong Rebound vs. Euro, U.S. Dollar

Pound Sterling catches a strong bid as market sentiment towards prospect of a Brexit deal swings into positive territory thanks to comments by the U.K.'s most senior Brexit minister.

31 October 2018 The Pound Looks to End Month on a High Amidst Reports Brexit Negotiations are Heading for "a Deal of Some Description"

Latest reports concerning Brexit negotiations suggest work continues and a deal of some kind will be reached.

30 October 2018 British Pound Hits Multi-Week Lows as Investors Rush to Buy Options Protecting Against 'No Deal' Brexit

The Brexit negotiation impasse remains front-and-centre for foreign exchange markets with little attention being afforded to the 2018 budget or Thursday's Bank of England policy decision.

23 October 2018 Pound Sterling Firms on Reports of UK-Wide Backstop being Acceptable to E.U.

Pound Sterling rallied to the top of the leaderboard Tuesday as the pendulum swung back in favour of a Brexit deal being struck by year-end.

22 October 2018 Pound Finds a Floor After Brexit Rebels Drop Bid to Rebel Against May, Sterling up 0.25% on Dollar and Euro

The British Pound is seen trading lower across the board Monday with foreign exchange investors taking exposure to Sterling off the table at the start of week strewn with political risks.

18 October 2018 Pound Sterling Nurses Weekly Losses vs. Euro and Dollar as 'Brextension' Becomes Latest Threat to May's Leadership

A multi-week recovery in Pound Sterling has hit the skids as the currency suffers a run of bad luck in terms of Brexit: no breakthrough in negotiations is likely anytime soon is the message from E.…

17 October 2018 Brexit Deal Delayed but Downside Risks to the British Pound are Limited say SEB

Analysts at SEB upgrade their forecasts for the British Pound saying the current anxiety over Brexit negotiations appears misplaced as the E.U. and U.K. are now engaged in negotiating tactics and w…

11 October 2018 Brexit Deal Hinges on U.K. Securing a Time Limit to the Backstop

Pound Sterling treads water as traders await news of a Brexit deal, allowing a strong comeback in the Euro and a number of other currencies to put it on the backfoot. Latest news is an U.K.-wide ba…

11 October 2018 Northern Ireland's DUP Pose Significant Hurdle to May's Brexit Plans

The British Pound is resting near recently achieved multi-week highs against the Euro and multi-day highs against the U.S. Dollars with the market apparently adopting a wait-and-see approach to an …

02 October 2018 British Pound Retreats from Highs vs. Euro as DUP's Foster Rejects Rumoured Irish Border Compromise

Pound Sterling has retreated after Northern Ireland's Arlene Foster effectively rejected a rumoured compromise the U.K. is mulling for the Irish border in order to unlock deadlocked Brexit negotiat…

01 October 2018 Pound Sterling Bid on Latest Irish Border Rumours and Manufacturing PMI Beat

The British Pound strengthened against its main rivals at the start of the new month thanks to a strong Manufacturing PMI reading and news that the U.K. was prepared to shift its stance on the Iris…

21 September 2018 Where Next for Pound Sterling Following P.M.'s Defiant "Impasse" Speech

The British Pound slumped from recent two-month highs against the Euro and U.S. Dollar ahead of the weekend after U.K. Prime Minister Theresa May came out swinging against her E.U. counterparts who…

21 September 2018 Pound in +1.0% Slump as May Confirms Brexit Negotiations have Reached Impasse

The British Pound has come under notable selling pressure in mid-morning trade in London as traders grow increasingly nervous of a 'no deal' Brexit transpiring in March 2019.

18 September 2018 Pound Nervous Ahead of Key Salzburg Summit

Pound Sterling bulls must exercise patience as a Brexit breakthrough is unlikely this to be delivered by the Salzburg summit.

18 September 2018 Signs of Progress on Irish Border Bodes for Further Gains by the Pound

A 'no deal' Brexit scenario is looking increasingly improbable amidst fresh signs the EU is relaxing its negotiation stance on the Irish border and the 'no deal' Brexit brand grows increasingly tox…

14 September 2018 S.E.B: Sterling-Euro to Rise Under all Brexit Scenarios Except under No-Deal "Bloodbath"

The Pound will rise under all Brexit scenarios so long as a "No Deal" outcome can be avoided, according to analysts at Nordea Markets, who are advocating that clients of the bank buy the curre…

12 September 2018 Pound Sterling Outlook Brightens on Signs the threat of a Conservative Brexit Rebellion is Fading

Those wanting a stronger British Pound by year-end 2018 will take heart from news reports that domestic resistance to a Brexit deal might be fading.