The British Pound would come under substantial pressure under a no deal Brexit scenario warns the Bank of England.
November 29,2018
The Prime Minister is facing a bruising defeat in the House of Commons when it votes on her Brexit deal in December and there are fears she might be unable to continue in her role as a result.
November 29,2018
The Pound will fall back toward its post-referendum low against the Euro over the next six weeks, according to Capital Economics, whose forecasters say the U.K. currency and economy will have a turbulent time over the coming months.
November 24,2018
The outlook for the British Pound is remarkably stable according to technical studies which discount the thick soup of negative news surrounding the E.U.-U.K. Brexit deal.
November 23,2018
We gauge the mood amongst currency strategists and analysts as to where they see the British Pound heading over coming days.
November 21,2018
The British Pound might be trading at elevated levels in the face of fresh news that suggests it is unlikely the E.U.-U.K. Brexit deal will come into force, raising the prospect of a 'no deal' Brexit in 2019.
November 21,2018
The outlook for the Pound ultimately lies with whether or not European leaders step forward with a compromise to rescue their Brexit deal.
December 20,2018
Scenarios facing the British Pound over coming days and weeks as markets react to increasingly likelihood of a 'no deal' Brexit.
November 15,2018
The British Pound has plummeted on the news the U.K.'s Brexit Secretary Dominic Raab has quit government in protest over the Brexit deal struck by the E.U. and U.K.
November 15,2018
We are hearing a host of strategists and analysts suggest the outlook remains decidedly fragile for Sterling over coming hours and days as the hurdles to any Brexit deal passing through the U.K. parliament emerge.
November 20,2018
"We already think GBP may be overreacting to the upside and faces considerable challenges as the process of ratification continues" - Adam Cole, RBC Capital Markets.
November 15,2018
It is reported E.U. and U.K. have agreed a text on how to avoid a hard border on the island of Ireland suggesting the final and most contentious stumbling block to a Brexit deal has been reached.
November 14,2018
The British Pound is on the front foot amidst reports a Brexit deal can be secured within the next two days.
November 13,2018
Following a poor start to the new week the British Pound is seen consolidating against the Euro, giving rise to hopes that a full-blown fire-sale of the currency has been avoided.
November 13,2018
Pound Sterling has endured a torrid start to the new week as Brexit headlines prompt traders to become more cautious on the prospects of the E.U. and U.K. agreeing a Brexit deal before the end of the year.
November 13,2018
The Pound is on course to recover more of its 2018 loss from the U.S. Dollar but the path higher will be a long and winding one littered with potholes, according to strategists at Bank of America Merrill Lynch.
November 12,2018
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 a lack of official guidance on the state of Brexit talks.
November 5,2018
The Dollar pared losses Friday after official data revealed a stronger-than-anticipated increase in the number of jobs created by the economy during October, and a healthy pick-up in the rate of wage growth.
November 2,2018
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.
November 2,2018
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.
November 1,2018
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