Dollar Weakens After Fed Meeting
The pound steadied this morning as Britain prepared to resume negotiations with the European Union over how to resolve the issue of Irish border arrangements after Brexit. Sterling has strengthened […]
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 […]
Second Referendum?
The pound hovered near 18 month lows this morning, with reports that more politicians are calling for a second Brexit referendum. With British Prime Minister Theresa May facing deadlock in […]
Brexit Back On Track
Theresa May was set to ask European leaders for help today after a mutiny by more than a third of her MPs failed to unseat her but left parliament heading […]
Another Day Of Sterling Volatility Ahead
Sterling fell this morning and was headed for a fourth consecutive week of losses as British Prime Minister Theresa May pressed ahead with plans for a parliamentary vote on her […]
My Deal – No Deal Or Reversal!
Prime Minister Theresa May has said this morning that British lawmakers faced a choice ahead of a vote on her Brexit deal: approving her deal or facing an exit with […]
Brexit Secretary Raab Resigns – Pound Crashes!
British Brexit Secretary Dominic Raab resigned thrusting Prime Minister Theresa May’s government into turmoil just two days after she clinched an EU divorce deal that was mauled by opponents, allies […]
Sterling Gains – Trump Doesn’t
Sterling rose for a third consecutive day, buoyed by a BBC report that Britain is preparing for a Brexit agreement by the end of November. The pound has benefited from […]
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 […]
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 […]