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Foreign Exchange Analysis Headlines

Pound holds near $1.3 as Brexit deal vote blocked

Sterling traded around $1.30 on Monday, a 5-1/2-month high, unmoved by House of Commons Speaker John Bercow's decision not to immediately allow a vote on the Brexit withdrawal deal as investors thought a no-deal exit from the EU would be averted.

Sterling hits 5-1/2-month high on hopes for Brexit deal

Sterling firmed to a 5-1/2 month high on Monday, ceding earlier losses after the Northern Irish Democratic Unionist Party said it would not support any amendments to the Brexit deal for a customs union with the European Union.

Dollar weak as Brexit deal boosts euro, sterling

The dollar fell sharply against the euro on Friday as the common currency jumped on hopes that a Brexit deal between Britain and the European Union could improve the odds of the euro zone avoiding a recession for now.

Sterling weakens amid mixed Brexit signals from Brussels

The pound weakened on Thursday after Northern Ireland's Democratic Unionist Party said it could not support a Brexit deal proposed by Prime Minister Boris Johnson and the European Union, though it traded close to a five-month high.

Dollar slips as data disappoints; sterling rises

The U.S. dollar fell across the board on Wednesday as dismal U.S. retail sales data painted a gloomy picture of the economy and supported the case for further interest rate cuts by the Federal Reserve.

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