Sterling/Dollar Below 1.27
Sterling fell below $1.27 for the first time since mid-January, battered by dollar strength and expectations that Prime Minister Theresa May will fail to persuade cabinet colleagues to back an […]
Pound Volatility Continues Over Brexit
The pound remained near a two-week low this morning, and investors said more losses were likely if Prime Minister Theresa May’s proposed Brexit deal gets voted down again next month. […]
UK Manufacturing Boosts Economy
Britain’s economy got a sharp one-off boost in the first three months of 2019, official figures showed this morning, as manufacturers rushed to deliver orders before a Brexit that never […]
Pound Gains Due To positive Brexit Talks
Sterling was the star winner last week as boosted by renewed hope of a Brexit deal between the government and opposition. Poor results for both Conservatives and Labours are piling […]
US Dollar Could Strengthen This Week
The dollar fell against most currencies yesterday, slipping further from a 23-month high, as traders await more data to convince them whether to add to their bullish positions in the […]
Brexit Volatility Expected To Continue This Week
Sterling is below $1.30 this morning as Britain’s parliament returned from its Easter break and the ruling Conservative party tried to move talks forward with the opposition Labour party over […]
UK Inflation Stays Unchanged
Sterling has continued to fall after a newspaper reported that Brexit talks between Prime Minister Theresa May’s government and the opposition Labour Party were stalling. The report was subsequently dismissed […]
UK Pay Growth Rises
British workers’ pay grew at its joint fastest pace in over a decade, fuelled by further job creation, adding to suggestions that Brexit uncertainty is prompting firms to hire workers […]
Pound Gains Against USD
The British pound rose back towards $1.31 today, although trading was quiet in the absence of any significant Brexit-related developments as the Conservative and opposition Labour parties continue their talks. […]
Halloween Deadline
European Union leaders gave Britain six more months to leave the bloc, more than Prime Minister Theresa May says she needs but less than many in the bloc wanted, thanks […]