European Council President Donald Tusk said on Thursday that Brexit negotiations risk stalling if Britain does not present a realistic solution for the future of the Irish border, after London rejected an EU fallback proposal last week.
moreGBPUSD: Retail trader data shows 46.9% of traders are net-long with the ratio of traders short to long at 1.13 to 1. The number of traders net-long is 4.3% lower than yesterday and 35.8% lower from last week, while the number of traders net-short is 5 ...
more| 05 Jan 2017 03:33 | The Independent |
A record number of businesses say they expect to raise prices within three months as a result of the collapse in the value of the pound after Brexit, a new survey has revealed. The poll of thousands of firms by the British Chambers of Commerce (BCC) is ...
more| 29 Aug 2016 13:33 | Investing.com |
Note, however, that Commitment of Traders data shows specs have an all-time record short position while the commercials have taken record long positions in British pound futures -- a profile not typically consistent with a further downward trend. I ...
more| 29 Aug 2016 06:05 | Pound Sterling Live |
One of the reasons the currency's slump has stalled is because markets are all too heavily invested in betting on GBP negativity.
more| 02 Jul 2016 17:15 | Pound Sterling Live |
But, multiple layers of fear will be enough to send GBP-USD to 1.20 and EUR-GBP to 0.93 by year-end. An Euro to Pound Sterling exchange rate of 0.93 translates into a Pound to Euro exchange rate of 1.0752.
more| 20 Jun 2016 05:30 | CNNMoney |
What a difference a day makes. The pound is seeing its biggest gains in months after taking a beating last week. The stunning rally Monday follows a series of opinion polls suggesting that more U.K. voters are being swayed to vote to remain in the ...
more| 05 Feb 2016 09:45 | Profit Confidential |
If the U.K. abandons the European Union in the what's being dubbed the “Brexit,” the British pound (GBP) will depreciate by 20%, warns Goldman Sachs.
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