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Pound Sterling slipped deeper into the red against most major rivals Thursday after Brexit negotiators confirmed that no progress has been made in the pursuit of a UK-EU trade deal after both sides doubled down behind their respective red lines, risking further underperformance for the British currency.

July 31,2020

Johnson in Silhouette

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

EU Michel announces deal

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

Pound Sterling

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

Brexit trade negotiation update

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

Pound Sterling

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

Bearish concept Pound Sterling

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

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