Market Update
Sterling edged slightly higher this morning but was set for its biggest weekly drop in three weeks as traders consolidated positions before monthly U.S. jobs data and as broader trade […]
Pound Rebound
Sterling rebounded off a two-week low, after a Bloomberg report that the United Kingdom and Germany were prepared to drop a key sticking point on Brexit negotiations fuelled hopes of […]
UK Data Strong – No Impact On Sterling
Sterling edged lower for a fifth consecutive day as a resurgent dollar and mounting concerns over Brexit negotiations sapped demand for the British currency. An overnight bounce in the pound […]
Brexit Woes & Weak Data
The British pound was set for its biggest daily drop against the euro in more than three months as concerns grew about the progress of Brexit negotiations. Sentiment was also […]
Pressure On Theresa May
Prime Minister Theresa May’s Brexit strategy means disaster for Britain, former foreign secretary Boris Johnson said, as critics at home and officials in Brussels step up their opposition to her […]
Pound Rallies After Barnier Comments
The British pound held firm today, after making its biggest gains in seven months yesterday, taking heart from the European Union’s offer of a post-Brexit ‘partnership’. The pound surged as […]
Market Update
With few prospects now of a deal on Britain’s future EU ties in time for the EU’s October summit, any clues that Brexit Minister Dominic Raab can give in parliament […]
Positive UK Data Having Zero Impact On Sterling Value
The British pound slipped against the euro to within a whisker of its weakest since September 2017, hurt by a rally in the single currency and concerns about whether Britain […]
Government Step Up Planning For A No-Deal Brexit
Sterling fell again this morning as the government stepped up planning for a no-deal Brexit, reviving concern among investors about what would happen to the currency if Britain left the […]
Positive UK Data This Morning
Britain’s economy picked up some speed in the second quarter after a sharp winter slowdown earlier in the year but lost momentum in June, official data showed this morning. Gross […]