The Pound remains bid near multi-week highs thanks to ongoing optimism that a Brexit deal is in the offing. 

November 12,2018

Pound Sterling

Pound Sterling is a "buy on dips" candidate which is undervalued because the market is over-estimating the negative consequences of Brexit, according to Peter Gambles, co-founder and managing partner of advisory service MBMG Group.

November 12,2018

The Pound pared earlier gains during the opening session of the week after IHS Markit data appeared to show activity within the U.K.'s largest economic sector cooling at the beginning of the final quarter. 

November 5,2018

Theresa May addressing media

Pound Sterling shot higher at the start of the week to record two-week highs against the U.S. Dollar and three-week highs against the Euro before the advance was ultimately faded as markets bemoan a lack of official guidance on the state of Brexit talks.

November 5,2018

The Pound received an added tailwind of support Friday from IHS Markit PMI data that revealed activity in the U.K. construction industry picked up sharply during October. 

November 2,2018

Euro exchange rates

We have further Sterling-supportive developments on Brexit ahead of the weekend with reports E.U. is offering the U.K. a concession on the troublesome Irish backstop.

November 2,2018

Mark Carney and Bank of England in focus today

The Bank of England delivers its November policy decision and Inflation Report. We bring coverage of that decision and the markets reaction.

November 2,2018

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