For the Pound, focus will remain primarily on Brexit developments as Prime Minister May heads to Belfast, while the release of Service PMI data in mid-morning could cause some short-term gyrations in the market.
February 5,2019
Pound Sterling is being forecast to weaken over the course of the next few days as "investors question whether a 'no deal' Brexit remains likely on 29 March," says Richard Grace, a foreign exchange strategist with CBA in Sydney.
February 4,2019
Significant upside potential lies within an undervalued British Pounds says an analyst with French lender and investment bank Société Générale, but near-term political angst will continue to keep a lid on the currency's potential.
January 31,2019
The British Pound represents good value to investors on any bouts of weakness says a prominent City analyst who has indicated the currency is a 'Buy on dips' prospect.
February 1,2019
The Pound ceded its position as the best performing G10 currency for 2019 on Wednesday after a key vote in House of Commons dented market hopes of a delay to the UK's departure from the European Union, and analyst opinions vary on the question of where the British currency is likely to head next.
January 30,2019
The British Pound's strong start to 2019 might have reached a zenith with developments in parliament on the night of Tuesday, January 30 indicating that the market will have to remain wary of a 'no deal' Brexit occurring on March 29 and adopt a wait-and-see approach over coming days before pushing the Pound higher or lower.
January 31,2019
Prime Minister Theresa May has on Tuesday told the UK parliament she will head back to Europe and ask that the Brexit Withdrawal Agreement struck with EU partners be reopened with the view to reworking the Northern Ireland backstop.
January 30,2019
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