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Category: GBP

Pound tumbles after hard Brexit fears resurface

Britain’s pound tumbled , erasing its post-election gains, after news that Prime Minister Boris Johnson planned to take a hard line in Brexit talks with the European Union dashed hopes […]

Latest Poll Shows Tory Lead Narrowing

Sterling fell as much as 0.3% in early London trading after a YouGov poll showed the Conservative party’s lead over Labour narrowing to 11 points. The poll was the third […]

Rates Steady After TV Debate

Sterling was slightly weaker against the dollar and largely flat versus the euro this morning, showing little immediate reaction to a debate between the leaders of Britain’s two main political […]

Sterling Stays Steady

Sterling kept within its recent trading range this morning, but this week could prove its second best so far this month as expectations that the Conservative Party may win a […]

According To Polls – Tories Lead By 14 Pts

The pound was slightly weaker against the U.S. dollar on this morning and stable against the euro, as weak economic data, which should hurt sterling, is more than offset by […]

Pound Boosted By Election News

Sterling was a big mover yesterday, jumping to a six-month high against the euro after the UK’s Brexit Party leader Nigel Farage said the party would not field candidates in […]

Market Update

The pound rose 0.2% against a weakened dollar this morning after a flurry of UK data, including GDP figures. UK September Gross Domestic Product (GDP), manufacturing production, industrial output and […]

Market Update

Sterling fell to a two-week low after two Bank of England officials unexpectedly voted to cut interest rates this month and others said they would consider a cut if global […]

Election Polls Key For Sterling

The pound was pretty static this morning as investors calculated the risks which the upcoming general election poses to Britain’s ability to sign a trade deal with the European Union […]

Brexit Showdown In Parliament Today

Prime Minister Boris Johnson faces two pivotal Brexit votes in the British parliament today that will decide if he can deliver on his pledge to lead the United Kingdom out […]

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