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 […]
Conservatives drop to 5th in latest opinion polls
Prime Minister Theresa May’s Conservatives have fallen to fifth place in an opinion poll ahead of the May 23 European parliamentary election as pressure grows for her to set a […]
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 […]
Positive Brexit Talks Boost GBP
Sterling rose above $1.30, hitting a two-week high, after media reports that the tone of Brexit talks between the British government and the main opposition party had improved. Prime Minister […]
US Dollar Could Strengthen This Week
The dollar fell against most currencies yesterday, slipping further from a 23-month high, as traders await more data to convince them whether to add to their bullish positions in the […]
Bad Week For The Pound
Over the last week we have seen the Pound weaken (Due to thin liquidity in the markets after the bank holiday) and the U.S Dollar strengthen due to strong data […]