Market Update
The pound rose 0.2% against a weakened dollar this morning after a flurry of UK data, including GDP figures. UK September Gross Domestic Product (GDP), manufacturing production, industrial output and […]
Market Update
Sterling fell to a two-week low after two Bank of England officials unexpectedly voted to cut interest rates this month and others said they would consider a cut if global […]
Pound Could Drop by 2% on Election Results
Sterling would receive a post-election bounce of around 3% if British voters give the ruling Conservative Party a majority in parliament on Dec. 12 but will fall 2% if the […]
Election Polls Key For Sterling
The pound was pretty static this morning as investors calculated the risks which the upcoming general election poses to Britain’s ability to sign a trade deal with the European Union […]
Brexit Showdown In Parliament Today
Prime Minister Boris Johnson faces two pivotal Brexit votes in the British parliament today that will decide if he can deliver on his pledge to lead the United Kingdom out […]
Big week Ahead For Brexit
The pound in early London trading today as investors grow increasingly concerned that Britain and the European Union were no closer to agreeing a Brexit withdrawal deal. British lawmakers have […]
Market Update
The Supreme Court’s decision which took place yesterday, called Prime Minister Boris Johnson’s suspension of parliament unlawful and said lawmakers should return to sitting, is widely seen as reducing the […]
Market Update
British pound attempted a recovery and reached the highest level since July; however, the upside failed to gain traction. GBP seem to have bumped into a brick wall on the […]
Market Update
The British pound was lower today after a tumultuous week in which it plunged to three-year lows before rebounding strongly as lawmakers voted to block a no-deal Brexit, making a […]
Boris to try and call a snap election today
Boris Johnson will try to call a snap election today after lawmakers seeking to prevent him taking Britain out of the European Union without a divorce deal dealt him a […]