Sterling Stays Steady
Sterling kept within its recent trading range this morning, but this week could prove its second best so far this month as expectations that the Conservative Party may win a […]
Sterling Continues Small Gains
The pound gained for a second consecutive day today after a stream of resilient economic data this week calmed sentiment on the health of the UK economy and as opposition […]
Market Update
The pound edged higher after inflation picked up in July, but the currency held within sight of a two-and-a-half year low as brewing concerns about a no-deal Brexit weighed on […]
Snap Election Fears Hit Sterling
Sterling has strengthened against the euro this morning after some volatile trading over the weekend. In overnight trade on Friday into Saturday, the pound pushed towards 1.06 against the euro. […]
Markets Await Johnson Speech Later Today
Sterling inched slightly higher this morning against the dollar and euro after losses in recent days but options markets indicate more pain ahead as the risk of a no-deal Brexit […]
Sterling Hits 2 Year Low
Sterling fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a no-deal Brexit and a […]
Continuing Trend – Pound Drops Further
The British pound fell further this morning amid worries about the threat of a no-deal Brexit under the next prime minister and a deteriorating UK economy. In the latest sign […]
Theresa May Quits
British Prime Minister Theresa May said in a statement that she resigns, triggering a contest that will bring a new leader to power who is likely to push for a […]
Pound Drops 14th Day In A Row
Sterling plunged again in early London trading this morning as pressure mounted on Prime Minister Theresa May to name a date for her departure. The British currency has been falling […]
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 […]