Market Update
The Brexit-battered pound extended its losses against the dollar and the euro, as investors became more cautious about the risk of Britain and the EU failing to agree on a […]
Market Update
Britain’s pound was the biggest mover in otherwise quiet trade among the G10 group of currencies, falling broadly as caution grew among investors awaiting the outcome of Brexit trade deal […]
Market Update
Sterling held on to $1.34 thanks to broad dollar weakness, but derivative markets were flashing red on doubts that Britain and the European Union can strike a Brexit deal before […]
Market Update
The pound was close to $1.34 for the first time in three months, and also edged up versus the euro, as market participants remained optimistic that a Brexit deal could […]
Market Update
Sterling fell against the dollar to its lowest in almost four weeks after England announced a new national lockdown, but analysts said hopes for a Brexit deal prevented the currency […]
Market Update
The British pound held above a 10-day low as investors cut their holdings with British and European negotiators scrambling to salvage post-Brexit trade talks. British Prime Minister Boris Johnson said […]
Market Update
Britain may be heading for a no-deal Brexit in three months, but among traders in London the feeling so far is one of deja vu rather than a panicky rush […]
Market Update
Sterling had a turnaround of fortunes towards the end of the European session on Wednesday, rising as much as 0.6% against a weaker euro, with investors seeing some room for […]
Market Update
With latest reports showing global cases rising above the 30 million mark, prompting the WHO to warn that renewed increases in Europe are a “wake-up call”, the prospect of further […]
Market Update
The Bank of England is expected to signal that it is getting ready to pump yet more stimulus into Britain’s economy as it heads for a jump in unemployment and […]