Sterling Hits 7 Week Low Against Euro & Dollar
Sterling slips to a seven-week low against the euro, weakened by uncertainty over when the formal mechanism for Britain’s departure from the European Union would be triggered, as well as […]
Sterling begins to slide as economic data comes out weaker than expected.
Following the confirmation of Article 50 (March 15th) and the back and forth between the House of Commons & House of Lords last week, the only thing left to weaken […]
Theresa May Will Trigger Article 50 On 15th March
Yes, you read that correctly, it is finally going to happen! For those of you who haven’t seen the latest from the House of Lords, Theresa May was defeated after […]
House Of Lords Vote To Reject Brexit Bill
The House of Lords voted 358 to 256 against the EU (Notification Of Withdrawal) Bill that is required for Theresa May to trigger Article 50 and begin the exit process. […]
Weak UK Economic Numbers Today
Another slightly weaker than expected batch of economic numbers, this time on manufacturing sentiment, prodded the pound a touch lower against a broadly stronger dollar this morning, crimping its gains […]
Pound Suffers Due To Second Scottish Referendum News
Sterling traded close to a two-week low against the dollar today as investors awaited a speech by U.S. President Donald Trump, with the pound kept under pressure by worries about […]
Sterling Devalues Due To Fresh Uncertainty
Sterling fell against major currencies this morning, as the prospect of another Scottish independence vote and signs a major merger was unlikely to go through renewed fears about Britain’s future […]
Sterling Has Best Week Since January
Sterling slipped from a 2-week high to the dollar this morning but was still on track for its strongest week since January as concerns about politics in the United States […]
US – Fed To Raise Rates Fairly Soon
Federal Reserve officials have said they may need to raise interest rates “fairly soon” if the economy stays strong, minutes of their meeting show. The first meeting of the Fed […]
Euro Weakens as Le Pen Wins Latest Poll
Sterling rose almost 1 percent against the euro today, to its highest in two months, after another opinion poll showing far-right French presidential candidate Marine Le Pen gaining ground hit […]