Pound Gains As Brexit Deal Gets Closer
Sterling hit a new high versus the euro and added to recent gains against the dollar this morning on optimism that Britain and the European Union can agree a Brexit […]
Market Update
Today has a very light data calendar with nothing of note in the UK or the Eurozone. The main focus will be UK politics and in particular Brexit negotiations. However, […]
Sterling Boosts On Positive Brexit Negotiations
The European Union’s Brexit negotiators told national diplomats in Brussels late last night that a divorce deal with Britain was “very close”, according to two sources present at the meeting. […]
May Speech Later Today
The British pound held near a three-week low this morning as investors wait on the services survey data and Prime Minister Theresa May’s speech later in the day. May will […]
Expect GBP Volatility Over The Next Few Days
Sterling gained against after the UK was reported to be in the process of preparing a compromise on the Irish border issue in Brexit negotiations with the European Union. The […]
The Week Ahead
The Pound held pretty steadily last week against the Euro & Dollar through the beginning of last week until the Federal Reserve put up interest rates and traders started selling […]
Economy Grows Slightly Slower Than Expected
Sterling fell this morning after data showed that British companies had cut their investment in the second quarter of 2018 and the economy grew slightly slower than previously thought. The […]
Brexit Continues To Dominate Market Movements
The British currency tumbled this morning on the back of broad dollar gains after a U.S. rate hike, and as investors waited for more Brexit-related headlines in the absence of […]
Second Referendum?
Sterling has plummeted, driving the U.S. dollar up, after British Prime Minister Theresa May said the European Union must supply an alternative Brexit proposal, saying talks had reached an impasse […]
May’s Chequers Plan Branded A Joke
Prime Minister Theresa May’s Brexit proposals were declared dead by the British media today after what they cast as a humiliation at the hands of European Union leaders at an […]