Forecasts for the British Pound in 2021 from HSBC reveal expectations for the currency to decline, even in the event of the UK and EU achieving a post-Brexit trade deal.
November 25,2020
The British Pound starts the new week in distinctly mixed fashion by edging lower against the Euro and higher against the U.S. Dollar and a number of other major currencies.
November 25,2020
The Pound-Dollar rate led Sterling to the top spot among major currencies Friday and into second place for the weekoverall amid a strong performance from stock markets as well as possible signs that Downing Street could be on the verge of making concessions in the Brexit trade talks.
November 13,2020
The domestic UK focus for financial markets ahead of the weekend is confirmation that Dominic Cummings, the senior adviser to Prime Minister Boris Johnson, is due to leave the position at year-end, and in doing so follows the departure of Lee Cain, Johnson’s Director of Communications and an ally of Cummings, on Wednesday night.
November 13,2020
The British Pound has fallen sharply over the course of the past 24 hours in response to falling equity markets and growing expectations that the trade negotiations between the EU and UK are hurtling towards an inevitable deadlock.
November 13,2020
Pound Sterling has reversed some of its earlier gains on headlines out midweek that the EU and UK likely to miss next week's deadline, but analysts say such a delay is unlikely to materially dent the currency's outlook.
November 11,2020
The British Pound has pushed higher to register two-month highs against the Euro and Dollar, carried along by improved investor sentiment triggered by the news of a successful covid-19 vaccine candidate from Pfizer.
November 12,2020
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