Tag: GBPUSD

UK: EU no longer committed to working hard to reach an agreement

UK: EU no longer committed to working hard to reach an agreement

UK’s top Brexit negotiator David Frost, said on Thursday that it is surprised that the European Union is no longer committed to working hard towards a future partnership, as Reuters reported. Additional conclusions “I’m also struck by the suggestion that all future movements must come from the UK to reach an agreement.” “It is an […]

GBP / USD returns above 1.2900 after hitting a new daily low

GBP / USD returns above 1.2900 after hitting a new daily low

Pound stable ahead of Brexit critical Friday. The US dollar maintains gains amid risk aversion. He GBP/USD it fell further and bottomed at 1.2889, reaching a new daily low. The pound then rallied to 1.2935 as the rally in the US dollar lost momentum across the board. Johnson will decide on Friday The pound is […]

Progress on key issues is not enough to reach an agreement

Progress on key issues is not enough to reach an agreement

In a statement released Thursday, the European Council noted that progress on key issues of concern to the European Union were not yet sufficient to reach an agreement with the United Kingdom. “The European Council invites the Union’s chief negotiator to continue negotiations next week and calls on the UK to take the necessary measures […]

Ireland: both parties miles away from reaching a fishing deal – Simon Coveney

Ireland: both parties miles away from reaching a fishing deal – Simon Coveney

The Minister for Foreign Affairs of Ireland, Simon Coveney, He said on Thursday that the EU and the UK were able to make progress on the level playing field, but added that the parties are still “miles apart” in fishing, Reuters reported. Additional conclusions “The EU is not going to sell its fishing industry.” “The […]

Brexit: Von der Leyen says good work has been done but critical questions are still open

Brexit: Von der Leyen says good work has been done but critical questions are still open

Commenting on the latest round of Brexit negotiations, “good work has been done, but critical issues remain open” said the president of the European Commission, Ursula von der Leyen, as reported by Reuters on Thursday. Additional comments: “We want a good deal.” “Climate change is the biggest challenge in the medium-long term.” “The EU has […]

GBP / USD extends decline and approaches 1.2900 as dollar rally

GBP / USD extends decline and approaches 1.2900 as dollar rally

Pound sterling under the spotlight of traders in the context of the European summit. The dollar rose before a fall in the stock markets throughout the world. He GBP / USD is falling on Thursday, erasing Wednesday’s gains. The price has just dropped to 1.2908, and is trading at 1.2920, under bearish pressure and aiming […]

EU leaders could hold emergency Brexit summit on November 15-16 – The Telegraph

EU leaders could hold emergency Brexit summit on November 15-16 – The Telegraph

The European Union (EU) leaders are promoting holding an emergency Brexit Summit on November 15-16 in Berlin to reach a trade deal with the UK should the negotiations continue successfully after the scheduled October 15 deadline, The Telegraph reports, citing senior EU diplomats. . This occurs when just today the deadline of October 15 was […]

GBP / USD between 1.2845 and 1.3120 in the short term – UOB

GBP / USD between 1.2845 and 1.3120 in the short term – UOB

The Libra maintains mixed perspective unchanged and expected to trade within the range of 1.2845-1.3120 in the near term, currency strategists from UOB Group. 24 hour perspective: “Yesterday, we held the view that the GBP could weaken to 1.2890, qualifying that the outlook for a breakout of last week’s low at 1.2845 was not high. […]

Coronavirus update UK: 19,724 new COVID-19 cases confirmed on Wednesday

Coronavirus update UK: 19,724 new COVID-19 cases confirmed on Wednesday

There were 19,724 new confirmed coronavirus infections in the United Kingdom as of Wednesday morning, UK government data showed, according to Reuters. This reading followed Tuesday’s rise of 17,324. More details from the report revealed that there were 137 deaths within 28 days of testing positive, compared with 143 on Monday. Market reaction These figures […]

GBP / USD updates session highs, looking to build momentum above 1.3000

GBP / USD updates session highs, looking to build momentum above 1.3000

GBP / USD witnessed a dramatic intraday reversal from the one-week lows. The British pound gained traction after the UK signaled that it will not abandon Brexit talks. A softer tone surrounding the USD continued to support the momentum. The pair GBP/USD spiked to fresh daily highs during the mid-Europe session, and the bulls are […]