Tag: Sterling
The pound sterling slipped in early trading on Friday as Brexiteer Boris Johnson moved closer to becoming British prime minister, worrying investors that his government would make a no-deal Brexit more likely. Despite Friday’s falls, ...
Sterling rose to a three-day high against the dollar on Monday but was little changed against other major currencies before a central bank policy meeting this week. Markets do not expect the Bank of England ...
Sterling will rally three per cent if the Brexit gridlock is resolved and Britain looks likely to leave the European Union with a deal, but the currency will tumble five per cent if negotiations fail, ...
The pound steadied on Thursday as Britain prepared to resume negotiations with the European Union over how to resolve the issue of Irish border arrangements after Brexit. Sterling has strengthened four per cent this year ...
Sterling rose on Wednesday after declines triggered by the UK parliament’s rejection of amendments to delay Brexit as investors bet the government would still avoid exiting the European Union without an agreed trade deal in ...
Sterling firmed a touch on Tuesday but held well off recent multi-month highs against the euro and dollar as traders weighed up whether lawmakers would back a key parliamentary amendment that would effectively take a ...
Sterling fell from a two-month high versus the dollar on Tuesday and volatility levels spiked as markets braced for parliament to give the thumbs-down to British Prime Minister Theresa May’s Brexit deal later in the ...
Sterling is likely to gain more than eight per cent this year, if Britain and the European Union part ways amicably, according to a Reuters poll of foreign exchange strategists. The pound has largely been ...
Sterling rose on Wednesday following a media report that British Prime Minister Theresa May is attempting to win over the Northern Irish Democratic Unionist Party (DUP) in a crucial vote next week on her Brexit ...
Sterling rose to a one-week high on Monday as traders prepared for the British parliament to reconvene this week and debate Prime Minister Theresa May’s Brexit withdrawal agreement. The pound’s strength at the start of ...
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