Last week’s high: €1.1637 Last week’s low: €1.1554   GBP/EUR Strength Limited as Brexit Delay Leaves Pound Outlook Cloudy While demand for the Euro wasn’t particularly strong for most of last week, the Pound to Euro exchange rate still fell as the latest Brexit developments were unsurprising, but left the Pound with little in the…(read more)

Pound News: Brexit October Delay Leaves Pound Limp On Wednesday night, the UK finally secured a second delay to the formal Brexit date from the EU. Britain is now set to leave the EU on the 31st of October, unless an agreement is reached before then which would allow Brexit to occur earlier. Demand for…(read more)

Pound News: Pound Climbs as Brexit Delay to October is Agreed Despite a Brexit delay meaning a longer period of uncertainty for the whole process and Britain’s economic outlook, investors were still relieved when the latest delay was agreed as it meant that a no-deal would be avoided, for now. The UK and EU agreed…(read more)

Pound News: Could a Long Brexit Delay be Confirmed? Demand for the Pound was volatile yesterday, as investors awaited news of a Brexit delay, with the process hanging in the balance. Fears that the UK could see a no-deal Brexit at the end of the week kept pressure on the British currency. Throughout the day,…(read more)

Last week’s high: €1.1754 Last week’s low: €1.1578   Lack of Brexit Progress Weighs Heavily on GBP/EUR Exchange Rate It was another volatile week for the GBP/EUR exchange rate as Parliament failed to break its Brexit deadlock. As MPs continued to reject any of the proposed alternatives to Theresa May’s already rejected plan the risk…(read more)

Last week’s high: C$1.7610 Last week’s low: C$1.7340   Pound Rocked by Brexit Uncertainties Brexit continued to cast a long shadow over the Pound to Canadian Dollar exchange rate last week, with heightened uncertainty driving further volatility in the pairing. This initially saw Sterling spike in the first half of the week after Theresa May…(read more)

Last week’s high: $1.3188 Last week’s low:   $1.3012   GBP/USD Fails to Sustain Gains as Late-Week News Supports US Dollar Strength For much of last week, the Pound to US Dollar exchange rate trended higher as investors reacted to hopes that the UK could edge towards a softer outcome for Brexit, while the US Dollar…(read more)

Last week’s high: $1.88302 Last week’s low: $1.72951   Australian Dollar Gains against Sterling Plagued by Brexit Uncertainty The Pound Australian Dollar exchange rate fluctuated wildly last week following the second round of ‘indicative votes’, which were once again entirely rejected by Parliament. This left the Pound hanging at the beginning of the week, as…(read more)

Pound News: Brexit Fears Flare Up with One Week to go The EU’s current Brexit date is still set for the 12th of April – a week from today. With the EU unsure over whether to offer another extension and UK Parliament still unable to rally around a way to resolve their differences, no-deal jitters…(read more)

Pound News: Pound Firms on Fresh Hopes that No-Deal Brexit Will Be Avoided Despite a lack of direction in the Brexit process, the Pound firmed and was able to avoid losses yesterday thanks to fresh news bolstering hopes that a no-deal Brexit could be prevented, and that a general election was becoming less likely. UK…(read more)