Tag: Sterling

Pound rises above $1.30 on investor rush to cover short positions

Pound maintains most of last week's gains, Brexit deal might pass, no-deal Brexit unlikely. Sterling had earlier pulled back half a percent after parliament delayed...

Pound steadies as Johnson faces battle to pass Brexit bill

Sterling steadied around $1.29 Friday as dealers paused for breath at the end of a dizzying week. Britain voted in June 2016 to leave...

Pound sinks as key ally rejects Johnson Brexit plan

Sterling tumbled Thursday after Prime Minister Boris Johnson's key ally in parliament said it "could not support" his plans for a Brexit deal. DUP...

Sterling jumps, stocks rally on Brexit deal agreement

The pound jumped as high as $1.2988, a five-month high. Euro zone government bond yields rose, while the 10-year British gilt yield was up...

Sterling, UK stocks fall on concerns Brexit talks have stalled

The euro, the pound was also 0.3pc weaker on the day at 86.59 pence -- also off five-month highs. Sterling has surged some 5pc...

Sterling slips as Brexit deal hangs in balance

The pound was down 0.6pc at a session low of $1.2568. Sterling rocketed higher at the end of last week, posting its biggest two-day...

Sterling dips to one-month low against the euro ahead of UK-Ireland talks

The pound rose 0.3pc against a broadly weak dollar, last trading at $1.2238. The British currency has been driven by Brexit headlines again this...

Dollar steadies as trade deal hopes fade, pound soft

The U.S. imposition of visa restrictions on Chinese officials, and the blacklisting of Chinese firms. "The timing of the U.S. travel bans and company...

Sterling rebounds as Brexit breakthrough hopes grow

The pound was last up 0.4pc at $1.2265, after spiking to as much as $1.2292. The Guardian reported that the European Union may offer...

Sterling tumbles after reports of Brexit talks close to breakdown

"The pound has taken a lurch lower as (reports say) there is no prospect of a deal," The pound fell 0.5pc to a one-week...