The British Pound was seen consolidating against the Euro, U.S. Dollar and other major currencies ahead of the ruling by the UK's Supreme Court on whether Prime Minister Boris Johnson's decision to shut down parliament was lawful.
September 24,2019
The British Pound rallied to multi-month highs last week amidst growing expectations for a Brexit deal to be struck before October 31, and this week UK Prime Minister will meet his European counterparts in New York to try and make further progress.
September 23,2019
The British Pound is the best performing major currency of the day, week and month, as a recovery built on expectations that a 'no deal' Brexit is becoming less likely extends.
September 20,2019
The Pound appeared to stabilise against the Dollar and Euro in noon trading Thursday after the Bank of England (BoE) stuck with its long-held commitment to raising interest rates steadily over the coming years.
September 19,2019
The British Pound retains a positive bias against the Euro, Dollar and other major currencies on Thursday, September 19. However, we note the currency faces a pressure-point in the form of a new September 30 Brexit deadline imposed by the EU on the UK.
September 19,2019
The Pound was unravelling in a risk-off market Monday as currency traders responded to a cocktail of negative domestic and international headlines at the beginning of what is set to be an action-packed week for the British currency, as the Brexit saga rolls on and central banks on both sides of the Atlantic say their bit.
September 16,2019
Sterling advanced against all major rivals Friday after being boosted by speculation suggesting the British government could be softening its red lines on the so-called Northern Irish backstop in pursuit of an amicable exit agreement with the EU ahead of an October 31 deadline.
September 15,2019
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