The pound rose tentatively against the dollar on Friday after an uneventful week for the currency, despite the extension to the Brexit deadline.
News of the delay to Brexit was positively received by travel stocks in London on Thursday, as the deadline was pushed back to after summer.
London stocks lagged behind their European peers on Wednesday after better than expected UK economic growth data boosted the pound.
Oil prices hit their highest level so far this year on Monday, fuelled by violent clashes in oil-rich Libya.
The FTSE 100 ended the day higher on Wednesday while the pound was held back by Brexit worries following Theresa May’s desperate plea to Jeremy Corbyn to help end deadlock in Westminster.
The FTSE 100 racked up its highest points tally of the year on Tuesday as the pound came under selling pressure off the back of renewed Brexit fears.
The pound rebounded on Tuesday, supported by comments from Jacob Rees-Mogg indicating that a no-deal Brexit is off the table.
The FTSE 100 was riding high on Thursday as the pound was dealt further Brexit blows in a bruising day for the British currency.
The pound recovered on Friday after being battered by a week of Brexit developments, while the FTSE 100 was at its highest for almost a month.
Sterling moved higher on Wednesday as currency traders looked towards another Commons vote on Brexit, with MPs widely tipped to rule out a no-deal EU divorce.
The pound gained ground on Monday as traders pinned their hopes on a fresh Brexit deal being presented to Parliament this week
London’s top-flight shares ended the week in the red on Friday, as global sentiment dipped on US jobs data and Chinese trade figures.
Sterling surged to fresh highs on Wednesday as currency traders continue to be boosted by the belief that Britain’s departure from the European Union will be delayed.
The pound rallied to its highest level in almost two years on Tuesday on expectations that Britain’s impending departure from the European Union could be delayed.
The FTSE 100 edged higher on Monday as investors grew sanguine on the progress of US-China trade relations.
The pound rebounded from Brexit uncertainty on Friday to notch up modest gains as the week came to a close.
London’s top flight ended in negative territory on Tuesday as disappointing results from HSBC helped drag the index into the red.
Footasylum’s huge share price rise added a kick to an otherwise quiet London market on Monday, as global equities lacked volatility with the US markets closed.
The FTSE 100 edged higher on Friday on renewed hopes of a US-China trade deal, while the Royal Bank of Scotland was a standout performer following better than expected results.
The pound shrugged off the Bank of England’s warnings of weaker economic growth on Thursday, making gains on the US dollar and the euro as talks with the EU resumed.