Brexit Deal Could Be Done By Wednesday
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- November 13, 2018
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The United Kingdom and the European Union are almost in touching distance of a Brexit deal which could be clinched in the next 24 to 48 hours, Prime Minister Theresa May’s de facto deputy Lidington has said this morning. May said on Monday that there were still considerable unresolved issues over Brexit as the two […]
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Sterling Volatility Kicks In
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- November 12, 2018
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The British parliament will vote down Prime Minister Theresa May’s possible Brexit, so voters should be given a new referendum, May’s former education minister said this morning. Asked if there was any chance May’s plan could pass parliament, Justine Greening, who supported staying in the European Union, said “no”. “I think it’s the worst of […]
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Sterling Gains – Trump Doesn’t
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- November 7, 2018
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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 growing hope among investors that Britain is close to reaching a deal with the European Union less than five months before it leaves the bloc. […]
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Pound Continues To Gain
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- November 6, 2018
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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 gains. The European Union is preparing to back a compromise proposal on the Irish border to resolve the last major hurdle in Brexit negotiations, according […]
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Sterling Rallies On Positive Brexit News
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- November 5, 2018
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Sterling rallied after a newspaper report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. With talks at an impasse five months before Britain exits the European Union, investors are growing anxious and sterling is moving sharply on any news of a […]
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Deal Likely
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- November 2, 2018
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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 exit from the European Union is smooth more interest rate hikes could be on the way. The pound enjoyed its best day of the year […]
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Market Update
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- October 29, 2018
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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 speech to urge his divided Conservative Party to back the government’s plan for a Brexit deal, or put at risk a long-awaited easing of austerity. […]
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Brexit Latest
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- October 26, 2018
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The British pound sits near a seven-week lows against the dollar this morning and three-week lows versus the euro, as doubt grows about whether the UK and the European Union can clinch a Brexit deal. Bloomberg reported this morning that Brexit talks were on hold because Prime Minister Theresa May’s cabinet was not close enough […]
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PM Has Backing From Her Party
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- October 25, 2018
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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 strategy. May has angered both supporters of Brexit and pro-EU lawmakers since failing to clinch a deal at an EU summit last week by raising […]
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Brexit!
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- October 24, 2018
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The pound fell to a three-week this morning before British Prime Minister Theresa May meets with Conservative Party lawmakers, some of whom have discussed toppling her in anger at her Brexit negotiations. May is seeking to win over lawmakers in her party who oppose her approach to Brexit negotiations, stuck at an impasse just over […]
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