Tag: POUND
Sterling suffers on fresh Brexit news
GBPJPY remained heavy amid safe haven demand for the Yen but also amid a weak Pound on Brexit fatigue. The low reflected safe haven...
Everything depends on Brexit afterall
The BoE left monetary policy unchanged yesterday, as widely expected. The updated forecasts from the inflation report are somewhat more bullish on growth, which...
Cable dragged lower by EURUSD
Cable has been dragged lower by declines in EURUSD, which has driven the pair to a two-month low at 1.2944.
The Pound concurrently ebbed against...
Lack of progress underpins Pound
The Pound has taken a dive on Brexit news, with The Guardian citing Labour leader Corbyn saying that there "is no agreement yet" between...
Soft Brexit?
The Pound remains in the high area of the day, after it rebounded from recent weakness, putting in some more distance from Friday's 3-week...
FX Action so far
The USD majors have largely remained steady, within yesterday's ranges.
GBP has been unperturbed by the frantic pace of political developments in the UK,...
