Pressure On Theresa May
Prime Minister Theresa May’s Brexit strategy means disaster for Britain, former foreign secretary Boris Johnson said, as critics at home and officials in Brussels step up their opposition to her […]
Sterling Remains Close To 1 Month Highs
Sterling remained close to one-month highs against the US dollar after Wednesday’s comments from EU chief negotiator Michel Barnier promising the UK a ‘unique deal’. However, he warned yesterday that […]
Pound Rallies After Barnier Comments
The British pound held firm today, after making its biggest gains in seven months yesterday, taking heart from the European Union’s offer of a post-Brexit ‘partnership’. The pound surged as […]
Market Update
With few prospects now of a deal on Britain’s future EU ties in time for the EU’s October summit, any clues that Brexit Minister Dominic Raab can give in parliament […]
Theresa May’s Comments Sink The Pound
Growing concerns about a “no-deal” Brexit pushed the pound to a near one-year low against the euro today. Mainly we have seen this drop as Prime Minister Theresa May has […]
Positive UK Data Having Zero Impact On Sterling Value
The British pound slipped against the euro to within a whisker of its weakest since September 2017, hurt by a rally in the single currency and concerns about whether Britain […]
Government Step Up Planning For A No-Deal Brexit
Sterling fell again this morning as the government stepped up planning for a no-deal Brexit, reviving concern among investors about what would happen to the currency if Britain left the […]
Trump Comments Weaken US Dollar
The pound rose towards a two-week high this morning after the dollar fell following comments from U.S. President Donald Trump that he was unhappy with the Federal Reserve for raising […]
Raab In Brussels For Two More Days Of Negotiations
Sterling has continued to be under pressure and is still near the 14-month lows reached last week on concerns about forthcoming talks that may decide whether Britain gets a trade […]
Brexit worries continue to weaken Sterling
Worries about whether Britain can agree a trade deal with the European Union over coming months to avoid a sudden and disorderly exit from the bloc continue to keep most […]