Pound Drops 14th Day In A Row

Sterling plunged again in early London trading this morning as pressure mounted on Prime Minister Theresa May to name a date for her departure. The British currency has been falling […]

PM Could Resign This Weekend

Pound Sterling hit its lowest level since a January flash crash today as Prime Minister Theresa May’s last-ditch Brexit plan failed to win over either opposition lawmakers or many in […]

Sterling/Dollar Below 1.27

Sterling fell below $1.27 for the first time since mid-January, battered by dollar strength and expectations that Prime Minister Theresa May will fail to persuade cabinet colleagues to back an […]

Pound Volatility Continues Over Brexit

The pound remained near a two-week low this morning, and investors said more losses were likely if Prime Minister Theresa May’s proposed Brexit deal gets voted down again next month. […]

UK Unemployment Lowest Since 1970’s

Britain’s unemployment rate fell to its lowest level since the mid-1970s as a pre-Brexit hiring surge continued, but workers’ pay rose a bit less quickly in the first three months […]

UK Manufacturing Boosts Economy

Britain’s economy got a sharp one-off boost in the first three months of 2019, official figures showed this morning, as manufacturers rushed to deliver orders before a Brexit that never […]

Sterling drops off after recent gains

Sterling slid nearly half a percent yesterday on rising concerns about the progress of Brexit negotiations and worries Prime Minister Theresa May is facing a mounting challenge to her leadership. […]

Pound Gains Due To positive Brexit Talks

Sterling was the star winner last week as boosted by renewed hope of a Brexit deal between the government and opposition. Poor results for both Conservatives and Labours are piling […]

Dollar Slightly Recovers

The dollar recovered this morning after suffering some brief losses overnight with traders focusing on relatively confident comments from Fed Chair Jerome Powell on the economy’s outlook. The greenback took […]