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 […]
UK Retail Sales Drop
British retail sales fell by the most in six months last month after a large drop in food purchases, which followed an unusually warm summer that had encouraged Britons to […]
UK CPI & RPI Weaker
Sterling drops notably just after September consumer inflation data came in lower than expected. Headline CPI slowed to 2.4% yoy, down from 2.7% yoy and missed expectation of 2.8% yoy. […]
Brexit Negotiations Stall
Sterling held near a one-week low today as Brexit negotiations appeared to have stalled before a crucial European Union summit later this week. Negotiators from both sides have been locked […]
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 […]