Analysts at British high-street lender Lloyds Bank say markets are too pessimistic on Sterling and that a negotiated Brexit deal is still the most likely outcome to the current impasse.
August 9,2019
The possibility of a 'no deal' Brexit is likely to stay on the table for the next 3-months, says Richard Harris, the CEO of Port Shelter Investment Management, and the inference is that this will likely keep Sterling pressured over that period.
August 8,2019
Foreign exchange strategists at a global investment bank say Sterling is likely to be driven lower on three factors over the short-term, but the currency is ultimately likely to recover as a 'no deal' Brexit will be avoided.
August 8,2019
The British Pound remains under pressure on Tuesday amidst reports The European Union are now operating on a "working hypothesis of no-deal" after accepting the prime minister "isn't bluffing" about a 'no deal' Brexit taking place on October 31.
August 6,2019
The British Pound was soft on Friday as markets digested the results of the Brecon and Radnorshire by-election result that saw the government's parliamentary majority cut to just one after the seat was taken off the Conservatives by the Liberal Democrats.
August 2,2019
Coverage of the Bank of England's super-Thursday event from a currency market perspective.
August 1,2019
The Pound weakened against a resurgent Dollar and a soft Euro early on Thursday as investors turned their attention to an action-packed economic calendar that looks set to dominate trading in the British currency for the current session at least.
August 1,2019
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