|Day's range||1.284 - 1.29|
|52-week range||1.1959 - 1.3349|
CQS, the hedge fund run by Brexit-backing billionaire Sir Michael Hintze, distributed $87.5m in profits to its 36 partners last year, according to accounts.
Jeremy Darroch said: 'More and more businesses are understanding that it’s just good business. If you want to protect your business for the long-term, you have to take a position on this.'
UK PM Johnson received a major defeat in parliament yesterday that threatens the prospect of an EU exit by the October 31 deadline.
The UK could face another no-deal cliff edge next year after leaving only a short transition period to negotiate a huge trade deal.
Asian stocks are mixed after US equities posted declines, as Brexit risks took hold of market sentiment in the absence of other major catalysts.
The National Farmers' Union is warning EU tariffs could cripple British farmers, while shoppers could pay more for popular French and Italian cheeses.
Sterling was injected with another dose of volatility on Tuesday evening after British MP’s rejected a timetable for Boris Johnson’s Brexit deal by 322 to 308.
Investing.com - The British pound was holding steady on Wednesday, recovering some poise in the wake of a fall overnight after parliament forced a delay in the U.K. government's Brexit plans.
It’s risk-off early as Brexit limbo weighs through the early part of the session. With stats on the lighter side, it’s geopolitics throughout the day…
Investing.com - The British pound fell after the government was defeated in a vote on the timetable for Brexit, diminishing the possibility of the U.K. leaving the EU before the end of this month.
The British pound has drifted a little bit lower during the trading session on Tuesday, testing the bottom of the hammer like candlestick that form for Monday. I suspect that this market is probably going to pull back a bit, as the 1.30 level has obviously attracted a lot of attention in the market is overbought.
It’s been a quiet day for the Canadian, Mexican and British currencies. The Canadian dollar is flat, despite weak retail sales data. The pound is steady, but we could see volatility this week, as parliament debates the Brexit withdrawal deal.
Investing.com – U.K Prime Minister Boris Johnson's hopes of getting his Brexit deal fast-tracked through parliament were dealt a blow after the government was defeated in a vote on the timetable for Brexit, although the government had earlier won a first vote on the deal legistlation to progress.
Investing.com - Sterling tumbled on Tuesday after Prime Minister Boris Johnson confirmed that he would call for a general election if Parliament does not pass his Brexit bill.
GBP/USD rallied to briefly trade above the psychological 1.30 handle on Monday. However, the pair failed to hold gains and is at risk of a bit of a correction as new risks have emerged.
The markets remained surprisingly calm last week, despite worse than expected U.S. economic data releases. The third-quarter earnings season along with Brexit play may have overweighed the data pessimism.
The Canada general election, economic data, and Brexit are all in focus, with early support coming from positive updates from Trump on trade…