The British Pound extend its week of decline on Thursday with losses accelerating against the majority of its peers as markets ramped up their expectations for a 'no deal' outcome to Brexit trade negotiations.
September 14,2020
The British Pound's sell-off looks set to enter another day with the currency down against all its major peers in mid-week trade, with analysts citing a deterioration in relations between the EU and UK for the declines.
September 17,2020
The British Pound will be driven by politics over coming days as UK and EU negotiators meet for the 8th and penultimate round of Brexit negotiations in London today, however this negotiating round might not last the full week given the deadlock that exists between the two sides.
September 17,2020
The British Pound starts the new week in subdued fashion as the summer rally against the Euro, Dollar, Australian Dollar and other peers fades ahead of what is being billed as a potentially 'ugly' Autumn for the UK by on analyst.
September 7,2020
The British Pound's correlation with global stock markets meant it was on course to end the week in the red against the Euro, U.S. Dollar and other major currencies amidst a rout in investor sentiment.
September 10,2020
The British Pound has sold off in sympathy with a sharp decline in global markets, a development that confirms the UK currency remains highly sensitive to broader investor sentiment.
September 9,2020
Pound Sterling was underperformer by the fading hours of the mid-week session after paling in the face of a recovering Dollar and as remarks from Brexit negotiators and Bank of England (BoE) Governor Andrew Bailey helped upend the earlier order in the currency market.
September 2,2020
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