31 December 2020 Pound Pops as Curtain Closes on 2020 

Pound Sterling outperformed on Thursday and New Year's Eve as Britain's new Brexit deal with the EU landed on the statute book following a last minute rush to ratify the pact before the curtai…

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24 December 2020 "Uninspired" Pound Sterling Shrugs at News of Brexit Deal

The British Pound showed a remarkable lack of enthusiasm to news the UK and EU had finally struck a post-Brexit trade deal, which brings to an end years of uncertainty for businesses, investors and…

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24 December 2020 Pound Sterling Gains against Euro and Dollar as EU and UK on Brink of Confirming Brexit Deal

The British Pound extended gains on signs that a post-Brexit trade deal had been agreed, but a final confirmation from UK Prime Minister Boris Johnson and EU Commission President Ursula von der Ley…

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23 December 2020 Pound-Euro Pops, then Fizzles as Uncertainties Loom Over Brexit Deal Celebration

The Pound-to-Euro exchange rate popped higher and then fizzled on Wednesday following reports that a Brexit trade agreement has been reached between Britain and the European Union, with the tepid r…

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23 December 2020 "Brexit Deal Reached": Pound Sterling Rallies against Euro and Dollar

According to media reports out overnight EU and UK negotiators will continue trying to find a final compromise on fisheries and the level playing field through the course of today, with a view to s…

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18 December 2020 Huge Rift Between EU and UK on Fisheries Blocking Brexit Deal, Exposes Pound Sterling to Volatile Friday Session against Euro and Dollar

The British Pound has traded towards the top of recent ranges against the Euro and is in touch with two-year highs against the Dollar amidst ongoing signs that EU and UK negotiators continue to chi…

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16 December 2020 Pound Sterling-Euro Rate at 1.11 after von der Leyen says sees "a Path to an Agreement Now"

The Pound-to-Euro exchange rate has extended gains to 1.1077 during the mid-week session, amidst growing anticipation that the EU and UK will announce a deal on post-Brexit relations in the near-fu…

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13 December 2020 Pound Sterling Jumps against Euro and Dollar Monday as EU and UK Move Towards a Brexit Deal

A slightly positive tone to EU-UK post-Brexit negotiations on Sunday mean the market is likely to send the British Pound higher on Sunday evening, when foreign exchange markets in Asia open for the…

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11 December 2020 Pound-Dollar Fall to 1.31 Flags 50/50 Odds For A Brexit Trade Deal 

Sterling suffered a second consecutive drubbing on Friday as the market scrambled price-in the seemingly diminishing prospects of a Brexit trade agreement, taking the Pound-to-Dollar exchange rate …

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11 December 2020 Pound Sterling Sell-off vs. Euro & Dollar Accelerates as Johnson Digs in Over Level Playing Field

The British Pound has fallen by over a percent against the Euro, Dollar and all other major currencies over the course of the past week amidst fears the EU and UK are not bluffing about the need to…

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10 December 2020 Pound Sterling at Risk of "Sharp Fall" against Euro and Dollar as Brexit Talks Risk Failure

The British Pound is vulnerable to significant declines after the EU and UK set Sunday as a final deadline for talks on a post-Brexit trade agreement.

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09 December 2020 Pound Sterling "Resilient" Ahead of Johnson-von der Leyen Dinner

The Pound remains supported by incremental progress in negotiations between the EU and UK, but the substantial 'breakthrough moment' on the post-Brexit trade deal remains elusive and uncertainty ov…

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07 December 2020 Cost of Protecting against Pound-Dollar Rate Slump Shoots Up

Data from Reuters shows the cost of hedging against a sizeable fall in the value of Pound Sterling has shot higher, in sympathy with growing anxieties for a 'no deal' outcome to trade negotiations.…

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07 December 2020 Pound Firms After Leaders Agree to Intensify Efforts to Strike Brexit Accord

The British Pound proved relatively sanguine in early trade at the start of a new week that would more likely than not see Brexit trade negotiations reach a conclusion.

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04 December 2020 Nordea: 'No Deal' Likely, Pound Sterling Could Retreat Towards 1.08 against the Euro

Foreign exchange strategists at a leading Scandanavian lender and investment bank have said a 'no deal' outcome to post-Brexit trade talks is likely, and the Pound is likely to weather the outcome.…

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02 December 2020 Pound Falls after Barnier says Talks "Hang in the Balance", France Ramps up 'No Deal' Rhetoric

The British Pound went lower against its main rivals on Wednesday following confirmation that EU and UK negotiators are unlikely to strike a post-Brexit trade deal this week.

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30 November 2020 With a Decision on Brexit Looming, Pound Sterling Looks to Recover Sharp Losses against Euro and Dollar at Start of Key Week

The British Pound starts the new week with some modest gains against the Euro, Dollar and other major currencies, but the gains are too modest to make up for the sharp decline witnessed on Friday.

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27 November 2020 Canadian Dollar Strength Conspires with Brexit Jitters to Drive GBP/CAD Slide into Weekend

The Pound-to-Canadian Dollar rate more than unwound the last of its gains for the week on Friday as the strength of the Loonie collided with Brexit-inspired weakness in Sterlin, although with the c…

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27 November 2020 EU-UK Fisheries Impasse Revealed, Pound Sterling Sheds Ground against Euro and Dollar Ahead of Weekend

EU and UK negotiators will meet for face-to-face talks in London on Saturday to try and thrash out a post-Brexit trade deal, but it looks as though significant disagreement remains over fisheries.

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26 November 2020 Pound Sterling: Barnier Calls Meeting of EU Fisheries Ministers, Could Progress be in the Air?

EU Chief Brexit Negotiator Michel Barnier has apparently called a meeting of EU fisheries ministers for Friday.

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