Chances Of A General Election Rise
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- January 10, 2019
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The pound has dropped across the board after Theresa May lost two Brexit-related votes in as many days. Britain’s main opposition Labour Party will demand a general election if May loses a vote in parliament over her Brexit plans next week, we expect Corbyn to mention this today. The British currency was hit by the […]
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Sterling will stay under pressure
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- June 12, 2017
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Sterling gave back early gains against the dollar to trade flat today, back under pressure after British general elections that yielded no clear majority for any party and threatened to undermine Brexit talks later this month. Prime Minister Theresa May reappointed most of her ministers on Sunday but brought a Brexit campaigner and party rival […]
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Sterling rises as investors ignore the polls
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- May 30, 2017
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Sterling rose against the dollar on Tuesday, with investors shrugging off opinion polls showing British Prime Minister Theresa May’s lead over the Labour opposition narrowing less than two weeks before a general election. The pound has risen nearly 4 percent since May called a snap election for June, as investors bet a then-predicted landslide majority […]
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Pound breaks 1.30 against USD again
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, David Cameron, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Phillip Hammond, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- May 19, 2017
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Sterling was set for a 1 percent weekly gain versus the dollar today although some investors were calling a top on the British currency, which climbed above $1.30 this week but is seen vulnerable to Brexit negotiations. The pound surged to an eight-month high of $1.3048 after strong retail sales figures on Thursday, losing momentum […]
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Sterling holds its own
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- May 4, 2017
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Sterling held steady below seven-month highs against the dollar today after the results of a survey of Britain’s huge services sector, following stronger-than-expected data in a corresponding manufacturing survey. The PMI services came in at 55.8 higher than the expected 54.5, while the PMI composite came in at 56.0 ahead of expectations. Corresponding construction and […]
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Sterling hits 7 month high against dollar
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 27, 2017
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Sterling rose around half a percent to 7-month highs above $1.29 this morning, helped by a broader softening of the dollar and polls showing Prime Minister Theresa May on course for a landslide in the early election she has called for June. The pound rose by as much as 4 cents when May announced the […]
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Sterling stays strong
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Referendum, Sterling, UK, Uncategorised
- April 20, 2017
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The pound inched higher against a basket of major currencies today, after a solid performance against the euro before the first round of French presidential elections and from an improvement due to the snap election announcement. Sterling rose against a broadly weaker dollar with bullish polls for Prime Minister Theresa May’s Conservatives adding to expectations […]
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Pound gains due to BoE leaning towards a rate rise
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Referendum, Sterling, UK, Uncategorised
- March 17, 2017
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The pound rose for the third day running against the dollar this morning for the first time since mid-January, drawing confidence from signs some at the Bank of England may be leaning toward a rise in interest rates to support the currency. Minutes from the Bank’s latest Monetary Policy Committee meeting shocked markets on Thursday […]
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Sterling weakness expected to continue
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Referendum, Sterling, UK, Uncategorised
- March 16, 2017
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Sterling hit an eight-week high this week in reaction to Parliament’s approval of the Article 50 bill – but with at least two years of negotiations ahead, could the currency fall even further? MPs voted down two amendments added by the House of Lords to the Article 50 bill on Monday evening, with peers voting […]
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Fresh New Lows For Pound
- 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
- March 9, 2017
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Sterling slipped even lower today, as investors brushed off the finance minister’s budget statement the previous day as largely a “non-event” that would do little to boost growth in Britain as it prepares to leave the European Union. While Philip Hammond announced a rise in official growth forecasts for this year and cut predicted rates […]
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