British Pound volatility is tipped to remain a feature of coming days, but until a clear outcome to trade talks emerges any major moves either higher or lower are likely to be short-lived.
December 16,2020
"Big buzz in the last hour among Tory MPs that the UK is heading towards a Brexit deal with the EU. Eurosceptics being reassured they will be happy," says a tweet from Nicholas Watt,
Political Editor BBC Newsnight.
December 15,2020
The EU and UK are closing in on a post-Brexit trade deal and the Pound has responded by going higher and recovering recent losses, however a decisive conclusion to the current round of negotiations is required to prompt any meaningful rally in the UK currency.
December 15,2020
The British Pound gapped higher at the start of a new week of trade owing to an improvement in sentiment regarding ongoing post-Brexit trade talks.
December 14,2020
A slightly positive tone to EU-UK post-Brexit negotiations on Sunday mean the market is likely to send the British Pound higher on Sunday evening, when foreign exchange markets in Asia open for the week.
December 13,2020
Pound Sterling is in for a potentially explosive session on Monday owing to a Sunday deadline for EU-UK Brexit talks.
December 12,2020
Pound Sterling remains among the worst performers for 2020 and the economy one of the most badly affected by the coronavirus, although if an acrimonious Brexit is avoided this month, both the economy and currency could quickly become a contrarian's contenders for outperformance in 2021.
December 11,2020
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