How A50 Extension Will Affect GBP
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 20, 2019
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The pound has fallen below the 1.17 marker, with global currency markets considering the implications of an impending Brexit extension offer from the European Union in light of an intractable impasse in the UK parliament. The offer for an extension is widely expected to be thrashed out at this week’s EU Council Summit, but we […]
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The Speaker Has Spoken
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, EUR, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 19, 2019
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Prime Minister Theresa May’s Brexit plans are in chaos as her government sought to plot a way around the speaker of parliament’s ruling that she had to change her twice-defeated divorce deal to put it to a third vote. After two-and-a-half years of negotiations, Britain’s departure from the European Union remains uncertain – with options […]
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Vote 3 – Could take place over coming days
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 18, 2019
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Britain’s government will only hold another meaningful vote on Prime Minister Theresa May’s Brexit deal tomorrow or Wednesday if it is certain that the divided House of Commons would back it at a third attempt, the foreign minister said. She suffered a further setback when Boris Johnson, the Brexiter former foreign secretary, refused to back […]
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Vote 2
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 13, 2019
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Britain’s parliament will vote tonight on whether to leave the European Union in 16 days without an agreement as the government said it would eliminate import tariffs on a wide range of goods in a no-deal Brexit scenario. British lawmakers handed Prime Minister Theresa May a second humiliating defeat for her Brexit plan last night, […]
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May Secures Assurances Over Back Stop
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 12, 2019
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The future of Britain’s exit from the European Union hung in the balance today as lawmakers are prepared to vote on a divorce deal after Prime Minister Theresa May won last-minute assurances from the European Union. Scrambling to plot an orderly path out of the Brexit maze just days before the United Kingdom is due […]
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18 days to go! Big Week Ahead
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 11, 2019
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Theresa May faces another Brexit humiliation after two major euro sceptics warned they would vote down her divorce deal because she had failed to win concessions from the European Union. The United Kingdom is due to leave the EU on March 29, May is scrambling to secure last-minute changes to an EU exit treaty before […]
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Brexit Talks Breakdown
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- March 8, 2019
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Sterling was higher this morning after falling to a near two-week low yesterday as investors waited for headlines on the progress of Brexit negotiations between the EU and Great Britain. With only a few weeks to go before Britain leaves the EU, officials are at an impasse over the so-called backstop aimed at ensuring that […]
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Pound Stagnates
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- March 6, 2019
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The pound remained stuck near a one-week low this morning with a lack of progress in Brexit talks prompting concern that a vote on Prime Minister Theresa May’s deal could be delayed. Talks between May’s top government lawyer and European Union negotiators to win concessions from the bloc on Brexit ended on Tuesday without agreement […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- February 22, 2019
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Sterling consolidated gains this morning and was set to snap a three Sterling consolidated gains on Friday and was set to snap a three-week losing streak as investors eyed last-minute talks between the United Kingdom and the European Union on possible changes to the Brexit withdrawal agreement. The European Union’s Brexit negotiator, Michel Barnier, said […]
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Hammond Comments Boost Sterling
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- February 21, 2019
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Sterling rose to the day’s high after British Chancellor of the Exchequer Philip Hammond said this morning the possibility of a no-deal Brexit is leading lawmakers to reconsider backing the Brexit deal. British lawmakers could be given a vote on a revised Brexit deal as early as next week as talks with the European Union […]
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