EURGBP surges to 0.92000 region once again today. Pound loses strength and falls near 1.2106, as it is pressured by the concerns about Britain exiting the European Union without a deal. The pair is currently indecisive near 0.91800 which is +0.65 % for the day. UK Services PMI came in…

The Bank of England left its key interest rate unchanged Thursday, as expected, opting to keep its powder dry until it has more clarity on how the U.K.'s departure from the European Union affects the economy. The bank's Monetary Policy Committee, or MPC, voted unanimously to keep the bank rate…

A deep and swift slump in the pound will prompt the U.K. government to rethink its approach to leaving the European Union without a divorce deal. A plunge of about 10% in sterling in a short span of time may cause Prime Minister Boris Johnson’s cabinet to refrain from pursuing…

The British pound tumbled on Tuesday as investors bet Prime Minister Boris Johnson's Brexit brinkmanship with the European Union could trigger a messy divorce that would sow chaos through the world economy and financial markets. Sterling crashed through trading barriers, falling to an intraday low of $1.2120 in shallower overnight…

EURGBP started of the week with a bullish move above 2-weeks high above 0.90000 amid fears of no Brexit deal. The pound drops to nearly 3 years low near 1.23000 as the member of the new Government, Michael Gove wrote that there is now a “very real” possibility of the…

The dollar was touching its highest level in two months in early trading in Europe Monday, rising sharply against a British pound that came under renewed attack on rising fears of a “hard” Brexit. The pound fell to its lowest in nearly three years against the dollar after Michael Gove,…

The dollar hit its highest level in two months early Friday in Europe, resuming its upward trend against both the euro and sterling after unconvincing performances on Thursday from both the European Central Bank and the U.K.’s new Prime Minister. The dollar index, which tracks the greenback against a basket…

AUDUSD dropping for the third consecutive day is currently trading near 0.69600 Monthly Support. The pair suffered loss during today's early session as the comments from RBA Governor Lowe, who said that it was reasonable to expect an extended period of low interest rates. In the daily time frame, the…

The euro slid to its lowest level in two months on Wednesday amid expectations that the European Central Bank could pave the way for monetary easing, while the pound was trading near two-year lows, pressured by growing fears over the prospect of a no-deal Brexit. The single currency was 0.17%…

The U.S. dollar pushed higher against a currency basket on Tuesday, helped by a rise in U.S. Treasury yields, while the British pound closed in on 27-month lows amid growing fears over the prospect of a no-deal Brexit. The U.S. dollar index against a basket of six major currencies rose…