EU Will Grant Extension
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 10, 2019
- No Comments
The European Union will grant Prime Minister Theresa May a second delay to Brexit at an emergency summit today, but the EU leaders are likely to demand she accepts a longer extension with conditions. In a sign of just how far the Brexit crisis has sapped British power, May dashed to Berlin and Paris on […]
READ MORE
May Heads To Europe For Crunch Talks
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Inflation, Phillip Hammond, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- April 9, 2019
- No Comments
The pound continued volatility for a second consecutive day as British Prime Minister Theresa May travels to Berlin and Paris to argue for a Brexit delay though gains were tiny before an emergency European Union summit on Wednesday. Sterling rose 0.1 percent to $1.3074 in quiet trading and is still more than 2 percent below […]
READ MORE
Pound Volatility Expected
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Phillip Hammond, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 8, 2019
- No Comments
Sterling held above $1.3 on this morning but nervousness in the market about key Brexit talks between Prime Minister Theresa May and the opposition Labour Party. Britain is due to leave the European Union on Friday, but May is seeking a compromise with Labour leader Jeremy Corbyn on the terms of the UK’s divorce ahead […]
READ MORE
Big Vote Tonight
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 29, 2019
- No Comments
The pound fell towards a three-week low this morning ahead of a last attempt by Theresa May to win backing from lawmakers for her Brexit deal. Parliament will vote on a stripped-down version of May’s twice-defeated divorce deal later on today. Even if May wins, another vote will be required for Britain to legally exit […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 28, 2019
- No Comments
Sterling started the day lower after British Prime Minister Theresa May’s offer to quit failed to convince hard-line opponents to back her Brexit withdrawal agreement, fuelling more uncertainty for the pound in the short term. The British parliament’s bid to agree an alternative plan fell short, leaving the Brexit process as deadlocked as ever. May […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 25, 2019
- No Comments
Sterling has fallen this morning as pressure grows on Prime Minister Theresa May to give a date for resigning ahead of parliamentary votes on Brexit. Investors are bracing for another week of volatility in the pound with British politics at fever pitch and little clarity on how, when or even if Brexit will ever take […]
READ MORE
EU Grant A50 Extension
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 22, 2019
- No Comments
European Union leaders gave Britain a lifeline and opportunity to leave the bloc in an orderly fashion after giving Prime Minister Theresa May two weeks’ reprieve until April 12 before Britain could tumble out without a deal. Arriving for a second day of a summit dominated by talks over Britain’s departure, Belgium’s prime minister said […]
READ MORE
May Has Her Say
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- March 21, 2019
- No Comments
The President of the European Council, Donald Tusk, announced last night that the EU will only back a short extension of the 29 March Brexit deadline if Theresa May’s withdrawal deal passes in parliament next week, which many believe makes a no-deal exit from the bloc more likely. Theresa May held a short speech at […]
READ MORE
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
- No Comments
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 […]
READ MORE
The Speaker Has Spoken
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, EUR, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 19, 2019
- No Comments
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 […]
READ MORE
