Thin trading conditions describe a market with unusually shallow volumes of currency being traded. This is understandable as traders will likely be adopting a wait-and-see approach to the British currency at this juncture.
January 16,2019
Rolling updates on what the currency pundits are saying ahead of tonight's key parliamentary vote on the EU-UK Brexit deal.
January 15,2019
Pound Sterling is well bid on global foreign exchange markets with investors taking an apparently optimistic stance ahead of tonight's Brexit deal vote in the UK parliament.
January 15,2019
The Pound could rally by as much as five percent over coming weeks if Prime Minister Theresa May is able to get her Brexit proposals through parliament, according to analysts at J.P. Morgan, who say there is now a 90% chance that either the Withdrawal Agreement will pass the House of Commons or there will be no Brexit at all.
January 15,2019
Sterling will sink back toward its post-referendum low against the Euro this week, according to analysts at TD Securites, who are warning that the Pound-to-Euro rate is on its way into a new and lower trading range.
January 14,2019
A momentus week in British politics lies ahead of us and we expect volatility in Pound Sterling to increase accordingly. On Monday we could receive a statement by PM May while reports suggest the EU is willing and ready to delay Brexit until mid-year.
January 15,2019
The British Pound is forecast to drift lower over the remainder of January by HSBC as the fighting in the UK parliament for the future of Brexit is unlikely to reach conclusion.
January 12,2019
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