The British Pound fell further from recent multi-month highs Thursday after Prime Minister Boris Johnson said he would ask Parliament to vote for a snap General Election on Monday.
October 24,2019
Recent developments in the Brexit saga now mean the Pound will probably get stuck in a ‘wait-and-see’ sideways range for the foreseeable future, says Chris Turner, global head of strategy at ING Bank.
October 23,2019
The British Pound will be held down over coming days and weeks if Brexit is delayed to allow for the UK to carry out a General Election, an outcome that is increasingly likely after Parliament last night rejected the Government's programme to deliver Brexit by October 31.
October 23,2019
The British Pound was seen falling back from recent gains after Prime Minister Boris Johnson told Parliament that should MPs fail to back a key piece of legislation tonight, he would pull the entire deal.
October 22,2019
The focus for the British Pound today will be attempts to pass the Withdrawal Agreement Bill through Parliament, success or failure of the Bill will determine whether the UK leaves the EU with a deal next week, and will therefore have a sizeable impact on the direction of the Pound.
October 22,2019
Analysts give their expectations for the British Pound ahead of another week packed with political intrigue.
October 21,2019
The Pound has reclaimed its earlier position as the second best performing major currency of 2019 and could now be becoming, for some at least, a 'buy on dips' prospect rather than the 'sell on rallies' story it's been through much of the year but others are urging a cautious approach toward the British currency.
October 18,2019
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