Sterling Rallies On Positive Brexit News
Sterling rallied after a newspaper report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. With talks […]
Deal Likely
Sterling gained this morning, putting it on course for its second-best week of 2018 on optimism for a Brexit deal and signals from the Bank of England that if the […]
Pound Hits Fresh Lows
Sterling hit a ten-week low on this morning as concern about Britain’s departure from the EU led investors to largely ignore hopes of an end to austerity raised by Britain’s […]
Market Update
The pound inched down to just above two-month this morning as traders prepared for the British finance minister’s annual budget speech later in the day. Philip Hammond will use his […]
Brexit Latest
The British pound sits near a seven-week lows against the dollar this morning and three-week lows versus the euro, as doubt grows about whether the UK and the European Union […]
PM Has Backing From Her Party
Theresa May received a show of support from her Conservative Party at a meeting in parliament, shifting the focus away from talk of an imminent leadership challenge over her Brexit […]
Brexit!
The pound fell to a three-week this morning before British Prime Minister Theresa May meets with Conservative Party lawmakers, some of whom have discussed toppling her in anger at her […]
Leadership Challenge?
The British pound recovered from 2-1/2-week lows but gains were limited because of continuing uncertainty about whether Prime Minister Theresa May can see off her opponents and secure Britain an […]
95% Brexit Done – According To May
Sterling firmed modestly versus the dollar, benefiting from the greenback’s retreat and signs a Brexit deal was almost done, though the prickly Irish border issue and disagreements within the UK […]
90% Done Deal
European Union negotiator Michel Barnier said on Friday a Brexit deal with the United Kingdom was 90 percent done, although there was still a chance no accord would be reached […]