Pound

Pound stumbles as Brexit uncertainty persists into 2020

The pound opens 2020 on weak footing as Brexit jitters continue to weigh on sentiment. Sterling remains on the defensive this morning, with GBP/EUR ticking down to €1.1737, GBP/USD retreating to $1.3096, and GBP/CAD tumbling to C$1.6975. GBP/AUD and GBP/NZD remain rangebound at AU$1.8838 and NZ$1.9659 respectively. Looking ahead, will the release of the latest […]

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Pound buoyed by Boris Johnson’s Brexit optimism

The pound firmed yesterday, edging up from a three-week low on the back of some optimistic Brexit comments from Boris Johnson. Sterling is struggling to extend these gains this morning however, with GBP/EUR flat at €1.1701, GBP/USD rangebound at $1.3017, and GBP/CAD muted at C$1.7002. GBP/AUD and GBP/NZD are holding steady at AU$1.8879 and NZ$1.9681

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