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Cable dragged lower by EURUSD

Cable has been dragged lower by declines in EURUSD, which has driven the pair to a two-month low at 1.2944. The Pound concurrently ebbed against...

Lack of progress underpins Pound

The Pound has taken a dive on Brexit news, with The Guardian citing Labour leader Corbyn saying that there "is no agreement yet" between...

Soft Brexit?

The Pound remains in the high area of the day, after it rebounded from recent weakness, putting in some more distance from Friday's 3-week...

FX Action so far

The USD majors have largely remained steady, within yesterday's ranges. GBP has been unperturbed by the frantic pace of political developments in the UK,...

New week, New Brexit Drama

Last week, lawmakers in London ruled out a no-deal scenario under any circumstance and voted for an extension in the Brexit process while rejecting...

May’s 2nd large defeat: Now what?

The ante has been upped significantly after the Withdrawal Agreement was resoundingly rejected by the House of Commons yesterday evening in London. May's Withdrawal...

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