Sterling suffered a second consecutive drubbing on Friday as the market scrambled price-in the seemingly diminishing prospects of a Brexit trade agreement, taking the Pound-to-Dollar exchange rate back toward the midpoint of a six month range that reflects little better than 50/50 odds for a deal.
December 13,2020
Research from TD Securities shows the likely negative impact on the value of the Pound from a 'no deal' post-Brexit trade outcome will be relatively contained, with the currency likely to retest September lows.
December 8,2020
Data from Reuters shows the cost of hedging against a sizeable fall in the value of Pound Sterling has shot higher, in sympathy with growing anxieties for a 'no deal' outcome to trade negotiations.
December 7,2020
The Pound-to-Dollar exchange rate preserved its upward trajectory last week but is at risk of coming undone in the days ahead as a triple-shot cocktail of political risk threatens to pollute the atmosphere in markets, curbing risk appetite among investors and punishing Pound Sterling.
December 6,2020
The Pound retains a positive bias against the Dollar, with the GBP/USD exchange rate rallying to a new three-month high of 1.35 over the course of the past 24 hours.
December 4,2020
The Dollar was down and out for the count against all major currencies Thursday in an ominous sign of what many to come in the year ahead, according to a range of analyst forecast, many of which envisage the U.S. currency as the big loser from a great, global economic recovery in 2021.
December 4,2020
There remains a 30% chance that the EU and UK are unable to strike a post-Brexit trade deal says Mathew Weller, Global Head of Market Research at GAIN Capital. In this article Weller assesses the implications of this and other potential outcomes on the Pound.
December 2,2020
Page 141 of 377
