The British Pound was once again shedding value against the Euro, U.S. Dollar and other major currencies on Wednesday, with sentiment regarding Brexit souring once more courtesy of a Telegraph report that the Government is abandoning hope for a trade deal with the EU.
July 31,2020
The British Pound pushed higher against the Euro, Dollar and other currencies on Tuesday courtesy of rising investor sentiment and stock markets which confirms the UK currency's ongoing sensitivity to the global picture.
July 21,2020
The UK's economic recovery from the covid-19 crisis appears to be lagging that of other countries, which should create another source of weakness for an already under-pressure British Pound.
July 20,2020
The British Pound limps into the weekend having suffered another week of declines against all its major peers, however any suggestions of a breakthrough in EU-UK talks could help the under-pressure currency recover some lost ground.
July 17,2020
A softer start to the day for global equity markets means the risk sensitive British Pound has turned lower once more on Thursday and looks on target to record a negative week against the Euro and U.S. Dollar.
July 16,2020
Fresh headlines out in midweek trade concerning a covid-19 vaccine have underpinned a global market recovery that is taking stocks, commodities and risk-sensitive currencies such as Sterling higher.
July 15,2020
Brexit trade negotiations head to Brussels this week where negotiators must offer up some positive developments if the British Pound is to maintain its recent gains.
July 13,2020
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