Market Update
Positive soundings from the European Union on Brexit talks helped lift the British pound above $1.35 and to its highest level against the dollar since May 2018. The EU’s chief […]
Market Update
The pound stabilised after Monday’s sharp rebound as market participants grew more optimistic about the chances of a Brexit deal, but implied volatility gauges pointed to further price swings ahead […]
Market Update
Sterling hovered above $1.33 as traders clung to hopes that Britain and the European Union would soon seal a long-awaited Brexit trade deal, even as the clock ticked down on […]
Market Update
Sterling edged up in trading this morning, set for a weekly gain against the dollar and euro, as Britain and the European Union entered intense negotiations to reach a last-minute […]
Market Update
Sterling traders kept the currency afloat as they searched for clues on how likely it was for Britain to reach a trade deal with the European Union by the end […]
Market Update
The British pound held above a 10-day low as investors cut their holdings with British and European negotiators scrambling to salvage post-Brexit trade talks. British Prime Minister Boris Johnson said […]
Market Update
Sterling is on the defensive as uncertainty abounds over whether Britain and the European Union will have reached a Brexit deal in time for their self-imposed deadline on Thursday at […]
Market Update
Britain’s unemployment rate rose by more than expected to 4.5% in the three months to August, its highest in more than three years, even before the end of the government’s […]
Market Update
UK PM Boris Johnson is expected to announce a new three-tier lockdown system later today in a further effort to stem the spread of Covid-19. The new system will allow […]
Market Update
Sterling climbed against the dollar for the first time in three weeks as investors pushed back expectations for when the Bank of England would cut interest rates below zero. Money […]