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Pound Falls on Johnson’s Brexit Comments Amid Low Liquidity

The Sterling pound today fell against the US dollar as the UK and the European Union continue to play hardball with each other ahead of the official Brexit negotiations. The GBP/USD fell for most of today’s session amid low-liquidity conditions, given that the US markets remained closed even as the country celebrates President’s Day.

Pound Rallies on Brexit Bill Passage, Later Falls on Dovish BoE Stance

The pound today rallied briefly against the US dollar during the Asian session after the UK Parliament approved the government’s Brexit withdrawal Bill last night. The GBP/USD currency pair’s rally was short-lived as it later fell in the early London session as after the European Union announced a series of meetings to discuss Brexit.

Sterling Pound Rallies to 2-Week Highs on New Year’s Eve

The Sterling pound today rallied to 2-week highs against the US dollar on the last trading day of 2019 as investors bid up the pound and sold the greenback. The GBP/USD currency pair rallied higher despite threats from the European Union that the December 2020 deadline is inadequate to complete negotiations with the UK.

Pound Crashes to New 3-Week Lows as Boris Pushes for Hard Brexit

The Sterling pound today crashed to new 3-week lows against the US dollar amid fears that Boris Johnson was pushing for a hard Brexit. The GBP/USD currency pair today fell from the early London session as investors sold the pair following Friday’s passage of the Brexit Withdrawal Bill.

Pound Crashes as Johnson’s Government Pushes for Hard Brexit

The Sterling pound today crashed against the US dollar amid fears that Boris Johnson‘s government was pushing for a hard Brexit despite his parliamentary majority. The GBP/USD currency pair today fell to its pre-election lows as investors sold the pair following the release of a mixed UK jobs report ahead of Friday’s Brexit bill tabling.

Pound Rallies as Farage Gives Up More Seats to Boost Tory Majority

The Sterling pound today rallied to new 8-day highs against the US dollar after Nigel Farage surrendered a further 43 seats increasing the chances of a Tory majority government. The GBP/USD currency pair had traded with a bearish bias for most of today’s session and was at breakeven before the announcement after which it spiked higher.

Euro Falls Against US Dollar Despite Positive German ZEW Survey Data

The euro today fell against a much stronger US dollar amid a lack of any potent fundamental triggers to extend the single currency’s gains from yesterday. The EUR/USD currency pair fell despite the release of mixed German ZEW survey data in the early European session and kept dropping for the rest of the day.

Pound Rallies Despite Brexit Uncertainty and Upbeat US Data

The British pound today rallied higher against the US dollar breaking out of a 3-day trading range amid positive Brexit headlines. The GBP/USD currency pair rallied higher after it emerged that the EU was willing to grant an extension of the October 31st Brexit deadline.

Loonie Rallies on Upbeat Retail Sales Data, Limited by Strong Dollar

The Canadian dollar today rallied against its American counterpart following the release of upbeat Canadian retail sales data for June, but the rally was short-lived. The USD/CAD currency pair today extended its gains from yesterday as the US dollar proved to be much stronger against the loonie driven by several factors including the less-dovish Fed minutes.

Pound Falls Ahead of Johnson’s Meeting With Angela Merkel

The British pound today fell to new daily lows reversing all of yesterday’s gains as traders remained cautious ahead of Boris Johnson‘s visit to Germany. Most analysts are expecting the British Prime Minister to return empty-handed from his talks with the German chancellor Angela Merkel.

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