Government Step Up Planning For A No-Deal Brexit
Sterling fell again this morning as the government stepped up planning for a no-deal Brexit, reviving concern among investors about what would happen to the currency if Britain left the […]
Trump Comments Weaken US Dollar
The pound rose towards a two-week high this morning after the dollar fell following comments from U.S. President Donald Trump that he was unhappy with the Federal Reserve for raising […]
Raab In Brussels For Two More Days Of Negotiations
Sterling has continued to be under pressure and is still near the 14-month lows reached last week on concerns about forthcoming talks that may decide whether Britain gets a trade […]
Brexit worries continue to weaken Sterling
Worries about whether Britain can agree a trade deal with the European Union over coming months to avoid a sudden and disorderly exit from the bloc continue to keep most […]
Pound Hits a 9 month low
Sterling slid to a nine-month low against the euro on Wednesday as investors sold the currency fearing Britain could soon leave the European Union without securing a trade deal. Sterling […]
Will The UK Raise Rates Today?
With the FOMC meeting out of the way, and no surprises from Powell and co., our attention shifts to the Bank of England (BoE). Today’s Quarterly Inflation Report is particularly […]
EU Reject Key Elements Of Britain’s New Trade Proposal
Sterling edged lower this morning and is poised to register its third consecutive weekly loss as concerns about the progress of Brexit negotiations trumped any optimism ahead of a likely […]
Sterling Fights Back After Hitting 10 Month Lows
The pound hit a five-day high versus the dollar as the greenback lost momentum, but the outlook for the British currency was clouded by fresh angst over Brexit and doubts […]
Sterling Continues To Slide
The British pound steadied around the $1.30 mark on Friday as traders took stock at the end of a bruising week in which weak economic data and more political uncertainty […]
British Inflation Fails To Rise
British inflation failed to rise as expected last month, potentially giving Bank of England policymakers pause for thought ahead of a widely expected interest rate hike next month. Despite motor […]