Market Update
Sterling traders kept the currency afloat as they searched for clues on how likely it was for Britain to reach a trade deal with the European Union by the end […]
Market Update
The British pound held above a 10-day low as investors cut their holdings with British and European negotiators scrambling to salvage post-Brexit trade talks. British Prime Minister Boris Johnson said […]
Market Update
Sterling is on the defensive as uncertainty abounds over whether Britain and the European Union will have reached a Brexit deal in time for their self-imposed deadline on Thursday at […]
Market Update
Britain’s unemployment rate rose by more than expected to 4.5% in the three months to August, its highest in more than three years, even before the end of the government’s […]
Market Update
UK PM Boris Johnson is expected to announce a new three-tier lockdown system later today in a further effort to stem the spread of Covid-19. The new system will allow […]
Market Update
Sterling climbed against the dollar for the first time in three weeks as investors pushed back expectations for when the Bank of England would cut interest rates below zero. Money […]
Market Update
Sterling fell against the euro, although not by much, and most analysts say they now expect Britain and the European Union to meet the transition deadline and soon conclude a […]
Market Update
Sterling fell this morning after Britain’s lower house of parliament approved legislation on Tuesday that gives ministers the power to break its divorce agreement with the European Union. The UK […]
Market Update
The British pound rose more than 1% yesterday on hopes that Britain could secure a Brexit trade deal with the European Union by October or at least avoid a cliff-edge […]
Market Update
Britain may be heading for a no-deal Brexit in three months, but among traders in London the feeling so far is one of deja vu rather than a panicky rush […]