Slight recovery for GBP -Dollar Weakens
Sterling rose this morning after suffering heavy losses spurred by fears of a global economic slowdown, but uncertainty about Brexit kept its gains in check. The pound sank to its […]
Big Few Weeks Ahead For May
Theresa May urged MPs to back her Brexit deal, promising that it would allow the country to “turn a corner” and let the government focus on solving domestic problems such […]
Retail Sales Above Forecast
Sterling gained nearly half a percent against a weakened dollar today, as traders prepared for British retail sales data and the Bank of England’s interest rate decision. Analysts put most […]
Brexit Vote Rescheduled For January
The pound edged off 20-month lows yesterday as British Prime Minister Theresa May rescheduled a delayed vote in parliament on her Brexit plan for mid-January. Sterling, trading at $1.26, inched […]
Vote Of No Confidence – Vote 6PM Tonight
Sterling continues to be volatile after Britain’s justice minister said the government would have to delay Article 50 – Britain’s notice to withdraw from the European Union – if Prime […]
The UK can halt Brexit – Revoking Article 50
The UK can halt Brexit by unilaterally revoking Article 50. An advocate general from the European Court of Justice (ECJ) has published his legal opinion on the case. Manuel Campos […]
48 Letters Of No Confidence Submitted
Theresa May is fighting for survival today after a draft divorce deal with the European Union provoked the resignations of senior ministers and open mutiny in her party. Brexit minister […]
UK PM May faces a fight to seal Brexit deal
Prime Minister Theresa May will try to convince senior ministers this afternoon to accept a draft European Union divorce deal that opponents said would imperil her own government and threaten […]
Sterling Gains – Trump Doesn’t
Sterling rose for a third consecutive day, buoyed by a BBC report that Britain is preparing for a Brexit agreement by the end of November. The pound has benefited from […]
Brexit!
The pound fell to a three-week this morning before British Prime Minister Theresa May meets with Conservative Party lawmakers, some of whom have discussed toppling her in anger at her […]