Brexit News

GBP/JPY consolidating around 133.00 supported by Brexit deal hopes
GBP/JPY consolidating around 133.00 supported by Brexit deal hopes
GBP/JPY steady around 133.00 as Brexit fears ease. Boris Johnson eases lockdown restrictions and boosts hopes of economic recovery. Concerns about a...
Currency News 3 months ago (06-26)
GBP/USD: Brexit issues to lower 1.27 end-2020 forecast – Westpac
GBP/USD: Brexit issues to lower 1.27 end-2020 forecast – Westpac
Economists at Westpac note that the US dollar trend has turned lower as hope over the recovery grows and forecast the GBP/USD pair at 1.27 by year-end. Nonethel...
Currency News 3 months ago (06-25)
GBP/USD: Bears attack 1.2400 as USD strength offsets Brexit optimism
GBP/USD: Bears attack 1.2400 as USD strength offsets Brexit optimism
GBP/USD stretches Wednesday’s losses to refresh three-day low. EU’s softening of stance suggests upbeat start to the next week’s Brexit talks. US dollar...
Currency News 3 months ago (06-25)
GBP/JPY seesaws around 133.00 as Brexit-positives battle broad pessimism
GBP/JPY seesaws around 133.00 as Brexit-positives battle broad pessimism
GBP/JPY refrains from extending the previous day’s weakness below 132.76. Brussels’ readiness to ease on “level playing field” will offer a boost to Brexit...
Currency News 3 months ago (06-25)
GBP/USD and Brexit: changing karma
GBP/USD and Brexit: changing karma
ObservationsHere are some interesting technical facts about the GBP/USD observable in the chat below.First, immediately after the Brexit vote, GBP/USD dropped f...
Institution Opinions 3 months ago (06-24)
EUR/GBP: Brexit risk is increasingly being priced into Sterling –Danske Bank
EUR/GBP: Brexit risk is increasingly being priced into Sterling –Danske Bank
The pound remains sensitive to the global risk environment argue analyst at Danske Banks. They add that Brexit uncertainty does not add support for the currency...
Currency News 3 months ago (06-24)
Japan rushes UK to agree first post-Brexit trade deal – FT
Japan rushes UK to agree first post-Brexit trade deal – FT
During the post-Brexit trade deal negotiations, Japan has given a six-week ultimatum to the UK for a deal, which in turn sours the upbeat mood of the British po...
Forex News 3 months ago (06-23)
Brexit negotiations: No breakthrough seen this summer – Danske Bank
Brexit negotiations: No breakthrough seen this summer – Danske Bank
Analysts at Danske Bank continue to see as a base case scenario that an agreement that includes a simple tree trade agreement on goods, not services, after...
Forex News 3 months ago (06-20)
France’s Montchalin: Not ruling out a no-deal on Brexit
France’s Montchalin: Not ruling out a no-deal on Brexit
When asked if she can exclude a "no-deal" on Brexit on Friday, French European Affairs Minister Amelie de Montchalin said, “I am not ruling out anything.” Furt...
Forex News 3 months ago (06-19)
EUR/GBP: Between risk sentiment and Brexit, 1-3M target at 0.90 – Danske Bank
EUR/GBP: Between risk sentiment and Brexit, 1-3M target at 0.90 – Danske Bank
According to analysts from Danske Bank the EUR/GBP pair remains caught in the middle of risk sentiment and Brexit woes. They continue to expect EUR/GBP to trade...
Currency News 3 months ago (06-18)
BREXIT: status update
BREXIT: status update
TimelineJune 12The British authorities confirmed that December 2020 is the final deadline and cannot be extended.June 15The UK PM spoke with the EU Commission P...
Institution Opinions 3 months ago (06-16)
GBP/USD: Boris tries to impress markets with a Brexit breakthrough
GBP/USD: Boris tries to impress markets with a Brexit breakthrough
The pound is unimpressed by looser UK restrictions after losing more than 300 pips from the recent peak amid a mix of gloom from the UK and the US due to Brexit...
Currency News 3 months ago (06-15)
UK PM Johnson to tell EU leaders: ‘I want a Brexit deal by autumn’ – The Telegraph
UK PM Johnson to tell EU leaders: ‘I want a Brexit deal by autumn’ – The Telegraph
At the high-level Brexit trade talks scheduled later on Monday at 1230 GMT, the UK Prime Minister (PM) Boris Johnson is likely to tell the European Commission P...
Forex News 3 months ago (06-15)
GBP/USD: A more volatile pound is expected ahead of key Brexit and BoE meetings – MUFG
GBP/USD: A more volatile pound is expected ahead of key Brexit and BoE meetings – MUFG
Analysts at MUFG Bank, expect a more volatile pound in the week ahead. Beyond broader developments in risk sentiment, the outcome from the latest Brexit talks a...
Currency News 4 months ago (06-13)
EU members urged to factor in Hard Brexit risk to recovery plans – FT
EU members urged to factor in Hard Brexit risk to recovery plans – FT
The European Union (EU) member states, including Belgium and Ireland, have urged the European Commission to take sufficient account of the economic risks posed...
Forex News 4 months ago (06-10)
GBP/USD: Brexit, coronavirus and protests to pressure the pound
GBP/USD: Brexit, coronavirus and protests to pressure the pound
GBP/USD has been holding onto high ground, currently trading just below the 1.27 mark. UK factors may weigh on the pound, while American developments may have a...
COVID-19 News 4 months ago (06-08)
GBP/USD: UK GDP and Brexit strains could offset improving Covid-19 stats
GBP/USD: UK GDP and Brexit strains could offset improving Covid-19 stats
GBP/USD is gaining +1.0% today as trades above 1.27. Concerns about Brexit have only had a limited impact, yet the story is set to grow in importance, in additi...
COVID-19 News 4 months ago (06-06)
GBP/USD: Sterling awaits NFP undeterred by Brexit gridlock
GBP/USD: Sterling awaits NFP undeterred by Brexit gridlock
GBP/USD is rising, 0.3% up at 1.2630, amid the misery of the US dollar, which is losing its shine as a safe-haven. Brexit talks and especially US Nonfarm Payrol...
Currency News 4 months ago (06-05)
GBP/USD: Under 1.2600, snaps six-day winning streak as Brexit deadlock looms
GBP/USD: Under 1.2600, snaps six-day winning streak as Brexit deadlock looms
GBP/USD stays depressed below 1.2614 despite flashing multiple bounces off 1.2583. Brexit negotiations go haywire amid hopes of Germany’s leadership to del...
Currency News 4 months ago (06-05)
N Ireland business calls for 6-month delay in Brexit trade plan – FT
N Ireland business calls for 6-month delay in Brexit trade plan – FT
The Financial Times is reporting that business leaders in Northern Ireland have called for the deferral of new Brexit trade checks due in January, warning that...
Forex News 4 months ago (06-05)
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