The British Pound has a busy day to navigate before foreign exchange markets shut for the week, with a key economic data release and a Brexit trade negotiation update due.
August 24,2020
The British Pound has lead the field over the course of the past month amidst a combination of positive factors, however the majority of analysts we follow warn this outperformance cannot last given saying Brexit concerns will once again come to the form.
August 20,2020
The British Pound is the best performing major currency of the past day, and now the past month courtesy of a rout of the U.S. Dollar, but also because of a potential fundamental re-evaluation of the currency by the global investor community.
August 19,2020
Investor sentiment on the British Pound has turned increasingly positive over recent days, forcing many who had been betting against the UK currency to bail out of the 'short' positions they had entered..
August 18,2020
The Pound underperformed last week but at least some of the price action in Sterling was consistent with an exchange of gunfire between Turkish monetary authorities and the market in a battle to keep the Lira from falling into an abyss.
August 16,2020
The British Pound outshone the majority of its peers over the course of the past 24 hours as it looked to recover from a shaky start to August, with gains coming against a broadly softer U.S. Dollar, Yen and Franc but also against the Euro which remains one of the better performers in the marketplace of recent weeks.
August 18,2020
The British Pound was seen holding above key levels against the Euro and Dollar following the release of official data that confirmed the UK economy had officially fallen into a deep recession in the first half of 2020.
August 12,2020
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