Bad Week For The Pound
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 29, 2019
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Over the last week we have seen the Pound weaken (Due to thin liquidity in the markets after the bank holiday) and the U.S Dollar strengthen due to strong data and economic outlook in the U.S. It seems that many analysts have misunderstood the Fed, in my opinion, it is now highly likely that the […]
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Dollar Strength Set To Continue
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- April 26, 2019
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Sterling, which has been hurt this week by dollar strength, also the negotiations between the conservative party and labour to reach a compromise on Brexit look to have stalled and it looks ever more likely that the UK will have to participate in the May EU elections. The euro hovered near 22-month lows this morning […]
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Brexit Volatility Expected To Continue This Week
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- April 23, 2019
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Sterling is below $1.30 this morning as Britain’s parliament returned from its Easter break and the ruling Conservative party tried to move talks forward with the opposition Labour party over a Brexit agreement. Volatility in sterling has fallen sharply in recent weeks after the European Union and London agreed to delay Britain’s departure date by […]
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UK Inflation Stays Unchanged
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Inflation, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 17, 2019
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Sterling has continued to fall after a newspaper reported that Brexit talks between Prime Minister Theresa May’s government and the opposition Labour Party were stalling. The report was subsequently dismissed by a Labour Party spokesman, but the pound held near the lows despite robust jobs data yesterday morning. In currency derivative markets, expectations for volatility […]
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UK Pay Growth Rises
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- April 16, 2019
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British workers’ pay grew at its joint fastest pace in over a decade, fuelled by further job creation, adding to suggestions that Brexit uncertainty is prompting firms to hire workers rather than make longer-term investment in equipment. Total earnings, including bonuses, rose by an annual 3.5 percent in the three months to February, the Office […]
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Pound Gains Against USD
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- April 15, 2019
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The British pound rose back towards $1.31 today, although trading was quiet in the absence of any significant Brexit-related developments as the Conservative and opposition Labour parties continue their talks. Volatility in the pound has collapsed since European Union leaders and the British government last week announced Brexit would be delayed for up to six […]
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Halloween Deadline
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, David Cameron, Dollar, Economy, EUR, GBP, Referendum, Sterling, UK, Uncategorised
- April 11, 2019
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European Union leaders gave Britain six more months to leave the bloc, more than Prime Minister Theresa May says she needs but less than many in the bloc wanted, thanks to fierce resistance from France. The summit deal in Brussels meant Britain will not crash out on Friday without a deal. But it offers little […]
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EU Will Grant Extension
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 10, 2019
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The European Union will grant Prime Minister Theresa May a second delay to Brexit at an emergency summit today, but the EU leaders are likely to demand she accepts a longer extension with conditions. In a sign of just how far the Brexit crisis has sapped British power, May dashed to Berlin and Paris on […]
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May Heads To Europe For Crunch Talks
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Inflation, Phillip Hammond, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- April 9, 2019
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The pound continued volatility for a second consecutive day as British Prime Minister Theresa May travels to Berlin and Paris to argue for a Brexit delay though gains were tiny before an emergency European Union summit on Wednesday. Sterling rose 0.1 percent to $1.3074 in quiet trading and is still more than 2 percent below […]
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Pound Volatility Expected
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Phillip Hammond, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 8, 2019
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Sterling held above $1.3 on this morning but nervousness in the market about key Brexit talks between Prime Minister Theresa May and the opposition Labour Party. Britain is due to leave the European Union on Friday, but May is seeking a compromise with Labour leader Jeremy Corbyn on the terms of the UK’s divorce ahead […]
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