Brexit developments

The Pound outperformed the Euro and a host of other major currencies on news EU and UK negotiators have made tangible progress in the ongoing phase of intensive negotiations.

October 28,2020

Macron

"We continue to see a path for a sharply higher GBP/USD cross into year-end—if several risk events cut in the right direction" - Goldman Sachs.

October 27,2020

Barnier trade negotiations

The British Pound starts the new week trading above 1.10 against the Euro and 1.30 against the U.S. Dollar amidst an ongoing sense of progress in ongoing post-Brexit trade negotiations.

October 26,2020

Pound Sterling was pummeled and the Euro lifted sharply in a volatile as well as noisy final session of the week, while the Dollar and U.S. stocks came under pressure with barely more than a week to go before a landmark election that's key to the outlook for all exchange rates in the weeks and months ahead. 

October 26,2020

Macron

It is reported Friday that France is preparing to give ground on the matter of one of the main outstanding issues preventing negotiators from striking a post-Brexit trade deal: fishing.

October 23,2020

Pound Sterling

The British Pound went sharply higher against all major currencies mid-week when it was announced on Wednesday the EU and UK had agreed to intensify trade negotiations, however there has since been no follow-through upside to that initial spurt suggesting a market that remains cautious of unwelcome surprises.

October 23,2020

Talks resume leading to stronger Sterling

The British Pound recorded its strongest daily gain against the U.S. Dollar, Euro and other major peers since March amidst an upsurge in optimism that the EU and UK were headed towards a post-Brexit trade deal.

October 22,2020

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