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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Big Vote Tonight
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 29, 2019
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The pound fell towards a three-week low this morning ahead of a last attempt by Theresa May to win backing from lawmakers for her Brexit deal. Parliament will vote on a stripped-down version of May’s twice-defeated divorce deal later on today. Even if May wins, another vote will be required for Britain to legally exit […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 28, 2019
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Sterling started the day lower after British Prime Minister Theresa May’s offer to quit failed to convince hard-line opponents to back her Brexit withdrawal agreement, fuelling more uncertainty for the pound in the short term. The British parliament’s bid to agree an alternative plan fell short, leaving the Brexit process as deadlocked as ever. May […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 25, 2019
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Sterling has fallen this morning as pressure grows on Prime Minister Theresa May to give a date for resigning ahead of parliamentary votes on Brexit. Investors are bracing for another week of volatility in the pound with British politics at fever pitch and little clarity on how, when or even if Brexit will ever take […]
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EU Grant A50 Extension
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 22, 2019
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European Union leaders gave Britain a lifeline and opportunity to leave the bloc in an orderly fashion after giving Prime Minister Theresa May two weeks’ reprieve until April 12 before Britain could tumble out without a deal. Arriving for a second day of a summit dominated by talks over Britain’s departure, Belgium’s prime minister said […]
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May Has Her Say
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- March 21, 2019
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The President of the European Council, Donald Tusk, announced last night that the EU will only back a short extension of the 29 March Brexit deadline if Theresa May’s withdrawal deal passes in parliament next week, which many believe makes a no-deal exit from the bloc more likely. Theresa May held a short speech at […]
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How A50 Extension Will Affect GBP
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 20, 2019
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The pound has fallen below the 1.17 marker, with global currency markets considering the implications of an impending Brexit extension offer from the European Union in light of an intractable impasse in the UK parliament. The offer for an extension is widely expected to be thrashed out at this week’s EU Council Summit, but we […]
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The Speaker Has Spoken
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, EUR, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 19, 2019
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Prime Minister Theresa May’s Brexit plans are in chaos as her government sought to plot a way around the speaker of parliament’s ruling that she had to change her twice-defeated divorce deal to put it to a third vote. After two-and-a-half years of negotiations, Britain’s departure from the European Union remains uncertain – with options […]
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Vote 3 – Could take place over coming days
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 18, 2019
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Britain’s government will only hold another meaningful vote on Prime Minister Theresa May’s Brexit deal tomorrow or Wednesday if it is certain that the divided House of Commons would back it at a third attempt, the foreign minister said. She suffered a further setback when Boris Johnson, the Brexiter former foreign secretary, refused to back […]
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Vote 2
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 13, 2019
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Britain’s parliament will vote tonight on whether to leave the European Union in 16 days without an agreement as the government said it would eliminate import tariffs on a wide range of goods in a no-deal Brexit scenario. British lawmakers handed Prime Minister Theresa May a second humiliating defeat for her Brexit plan last night, […]
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