Market Update

Sterling extended gains this morning and appears set for another push higher as traders waited confirmation that Britain and the European Union had finally clinched a deal to govern their […]

Market Update

Positive soundings from the European Union on Brexit talks helped lift the British pound above $1.35 and to its highest level against the dollar since May 2018. The EU’s chief […]

Market Update

The pound stabilised after Monday’s sharp rebound as market participants grew more optimistic about the chances of a Brexit deal, but implied volatility gauges pointed to further price swings ahead […]

Market Update

Sterling hovered above $1.33 as traders clung to hopes that Britain and the European Union would soon seal a long-awaited Brexit trade deal, even as the clock ticked down on […]

Market Update

Sterling edged up in trading this morning, set for a weekly gain against the dollar and euro, as Britain and the European Union entered intense negotiations to reach a last-minute […]

Market Update

Sterling traders kept the currency afloat as they searched for clues on how likely it was for Britain to reach a trade deal with the European Union by the end […]

Market Update

The British pound held above a 10-day low as investors cut their holdings with British and European negotiators scrambling to salvage post-Brexit trade talks. British Prime Minister Boris Johnson said […]

Market Update

Sterling is on the defensive as uncertainty abounds over whether Britain and the European Union will have reached a Brexit deal in time for their self-imposed deadline on Thursday at […]

Market Update

Britain’s unemployment rate rose by more than expected to 4.5% in the three months to August, its highest in more than three years, even before the end of the government’s […]

Market Update

UK PM Boris Johnson is expected to announce a new three-tier lockdown system later today in a further effort to stem the spread of Covid-19. The new system will allow […]