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Slight recovery for GBP -Dollar Weakens

Sterling rose this morning after suffering heavy losses spurred by fears of a global economic slowdown, but uncertainty about Brexit kept its gains in check. The pound sank to its […]

Big Few Weeks Ahead For May

Theresa May urged MPs to back her Brexit deal, promising that it would allow the country to “turn a corner” and let the government focus on solving domestic problems such […]

Pound Continues Losses

Sterling has dropped off over after the Bank of England kept interest rates on hold and warned about the risks of a no-deal Brexit, with the British currency initially trading […]

Sterling Set For Further Losses

Sterling steadied this morning however it was on track for a third consecutive week of losses as investors keep clear before the British parliament’s vote on Brexit next month. Prime […]

UK Third Quarter Growth Strong

Britain’s economy kept up healthy momentum during the third quarter, but this may prove a high watermark ahead of Brexit, official figures showed this morning. Gross domestic product in the […]

Pound Continues To Gain

Sterling rose a quarter of a percent this morning as hopes grew for a Brexit deal breakthrough, encouraging investors to buy the British currency with the struggling dollar also fuelling […]

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 […]

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 […]

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 […]

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 […]

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