Pound Sterling was supported mid-month with foreign exchange analysts saying rising Brexit tensions relating to the Northern Ireland protocol are yet to materially impact the UK currency.
November 15,2021
The British Pound notched a weekly advance against the Euro but it was the Dollar that remains dominant in global FX, but two key economic reports could boost the UK currency if they beat expectations.
November 15,2021
"There's growing talk of the EU suspending its trade deal with the UK. But fresh Brexit uncertainty may not have as big a market impact as perhaps presumed" - ING.
November 12,2021
The British Pound struggled to recover the substantial losses of the previous week, finding little support from a slew of UK economic data released Thursday November 11 that confirmed the economic rebound continued to disappoint against economists' expectations.
November 11,2021
The EU has issued fresh warnings against a potential move by the UK to trigger Article 16 of the Irish Protocol, developments that pose headwinds to the British Pound.
November 10,2021
A rejuvenated bid has pushed the British Pound above its post-Bank of England lows as investors lock sights on a February rate rise.
November 8,2021
The UK is now witnessing significant volatility in both interest rates and Pound exchange rates amidst uncertainty on how the Bank of England intends to exit its crisis-era settings, according to a noted economist.
November 5,2021
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