Some potentially Sterling-supportive news out of Brussels ahead of the weekend is that the EU's latest draft mandate for EU-UK trade negotiations shows that the EU won't be pushing for 'dynamic-alignment'.

February 21,2020

The British Pound has sold off against the Dollar and Euro over the course of the past 24 hours and we will be looking for signs of stabilisation heading into the weekend for confirmation that the weakness is a temporary phenomenon.

February 21,2020

The British Pound was seen trading in volatile fashion against the Euro, Dollar and other currencies thanks to conflicting signals: on the one hand the latest inflation numbers out of the UK are clearly supportive, but on the other hand developments in EU-UK relations appear to be deteriorating ahead of critical trade talks.

February 19,2020

Pound Sterling was left churning at around 1.20 against the Euro and 1.30 against the Dollar following the release of UK labour market statistics that showed the UK economy continues to add jobs to its workforce, but the pace in wage increases has started to fade.

February 18,2020

The British Pound has pared back recent gains against the U.S. Dollar, Euro and other major currencies in the wake of Brexit trade negotiation developments and ahead of some important data releases that should give a clearer picture of the country's post-election economy.

February 18,2020

The British Pound trades above the psychologically significant 1.20 level against the Euro and 1.30 against the U.S. Dollar at the start of the new week, however we expect negative headlines on the matter of trade negotiations to keep the UK currency's upside potential capped this week.

February 17,2020