The Pound rallied into the weekend Friday as markets celebrated an ebbing of 'no deal' Brexit risk and Prime Minister Boris Johnson returned from Brussels proclaiming a new deal, but the British currency has more upside left to run against the Dollar than Euro, according to Nordic lender Skandinaviska Enskilda Banken (SEB).
October 18,2019
The British Pound holds near multi-week highs as the clock counts down to an important showdown in the UK Parliament where MPs will on Saturday be tasked with giving a 'meaningful vote' on the deal struck between the UK and EU in Brussels on Thursday.
October 18,2019
Pound Sterling has rallied against the Euro, Dollar and other major currencies on confirmation of a Brexit deal being agreed by the EU and UK.
October 17,2019
The British Pound was seen maintaining a holding pattern against the Euro, U.S. Dollar and other major currencies on Thursday as markets awaited the outcome of days of intense Brexit negotiations.
October 17,2019
Johnson could take a political agreement back to Parliament for a vote, saying that a short extension request will be required to tie up loose ends. But Parliament will likely reject this, opening the door to a period of uncertainty that Sterling will dislike.
October 16,2019
The British Pound is tipped for another day of volatility as foreign exchange markets eagerly await news of a Brexit deal being reached by negotiators in Brussels who apparently worked through Tuesday night.
October 16,2019
The British Pound has hit fresh multi-month highs against the Euro, Dollar and other major currencies on the back of positive briefings out of Brussels where Brexit talks continue, meanwhile there is growing chatter about the need for an emergency EU summit being called for the end of October.
October 15,2019
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