Brexit Negotiations

"The market should reward GBP" if Theresa May can win over key Brexiteers in her cabinet to back her Brexit customs plan but the risks of a mutiny are high, and this could be bad for Sterling.

Pantheon Macroeconomics says Theresa May will ultimately fold the UK into a soft Brexit which will lead to a sizeable investment surge which will drive the British Pound above 1.25 against the Euro and towards 1.40 against the US Dollar.

Pound-Euro forecast downgraded from 1.19 previously as PM May keeps her government together, but can't squeeze out a unified position on Brexit, but beware a unified government position following Chequers 'away day' in early July

A heads-up to those watching the value of Sterling closely: There is some element of political risk at the start of the new week.

The Pound is back to trading rumours and headlines surrounding Brexit and we have seen the currency move higher and lower in response to the news coming out of 10 Downing Street today.

There are noises coming out of the foreign exchange space that the issue of the Brexit customs issue is starting to register on Pound Sterling.

The Pound could be at risk of returning to Brexit lows after Michel Barnier's trip to Ireland kicks up old enmities and spotlights border issue.

It appears that the Irish border question might finally be coming to an head, which is significant as an impasse here stalls the entire process and could suddenly prompt markets into repricing a no-deal risk-premium back into the Pound.

The prospect of the EU and UK crashing out of their union remains alive, with news headlines out on Friday, April 20 confirming that the Brexit milestones that have been reached during 2017 might all count for nought.

The British Pound could be doomed to more sideways action against the Euro suggest a number of analysts we follow, with the recent breakthrough in Brexit negotiations turning out to be something of a damp squib for Sterling.

A news conference to be held 11:45 GMT will form the highlight for Sterling today as markets look for signs that a deal on a transitional Brexit period will be agreed later in the week.

More positive developments on the Brexit front on March 13, this time from the European Parliament where it appears lawmakers are looking to push negotiations forward.

Currency markets are accustomed to the idea the Brexit “cliff edge” will be kicked into the long grass by a transition deal so risks of fresh acrimony over the terms of transition could jilt Sterling Wednesday and going forward.   

Labour leader Jeremy Corbyn updated us on his party's Brexit position - and the key takeaway is there is little clear water between the two main parties.

Signs are mounting that the preferred future relationship the UK will seek with the European Union is a so-called Canada Plus Plus deal.

The British Pound was seen as one of the better performing global currencies ahead of the weekend, with markets eyeing domestic Brexit developments and judging them to be positive.

Britain raises prospect of a longer Brexit transition period if need be.

The British Pound has found favour on news the European Union has dropped a draft negotiating clause that had antagonised their British counterparts.

Strategists see the British Pound as a sell as Brexit fears are tipped to make a return, however others warn that losses could be shallower in 2018 and a strong recovery into year-end is still on the cards.

The EU's Michel Barnier is addressing media following the conclusion of the latest Brexit negotiations; and what he has to say has not been good for the Pound.