British Pound slightly recovers before BoE announces new governor
The pound was up in early London trading today, holding just above $1.30, as investors waited for the Bank of England to announce its new governor. A person familiar with […]
Sterling drops 3.3% since Election Night
The pound was on track for its biggest two-day fall in nearly two years yesterday as concerns rose that Britain could still crash out of the European Union without a […]
Pound tumbles after hard Brexit fears resurface
Britain’s pound tumbled , erasing its post-election gains, after news that Prime Minister Boris Johnson planned to take a hard line in Brexit talks with the European Union dashed hopes […]
Latest Poll Shows Tory Lead Narrowing
Sterling fell as much as 0.3% in early London trading after a YouGov poll showed the Conservative party’s lead over Labour narrowing to 11 points. The poll was the third […]
Rates Steady After TV Debate
Sterling was slightly weaker against the dollar and largely flat versus the euro this morning, showing little immediate reaction to a debate between the leaders of Britain’s two main political […]
Sterling Stays Steady
Sterling kept within its recent trading range this morning, but this week could prove its second best so far this month as expectations that the Conservative Party may win a […]
According To Polls – Tories Lead By 14 Pts
The pound was slightly weaker against the U.S. dollar on this morning and stable against the euro, as weak economic data, which should hurt sterling, is more than offset by […]
Pound Boosted By Election News
Sterling was a big mover yesterday, jumping to a six-month high against the euro after the UK’s Brexit Party leader Nigel Farage said the party would not field candidates in […]
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 […]