Pound Could Drop by 2% on Election Results
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, election, Mark Carney, No Deal, Prime Minister, Referendum, Sterling, UK, Uncategorised
- November 7, 2019
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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 opposition Labour Party wins a majority, a new poll found. The pound has gyrated wildly since Britain decided in a June 2016 referendum to leave […]
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Election Polls Key For Sterling
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, election, EUR, GBP, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- November 6, 2019
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The pound was pretty static this morning as investors calculated the risks which the upcoming general election poses to Britain’s ability to sign a trade deal with the European Union before Jan. 31, its new deadline to leave the EU. Traders also waited to see what the Bank of England (BoE) might have to say […]
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Brexit Showdown In Parliament Today
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Economy, election, EUR, GBP, No Deal, Prime Minister, Referendum, Sterling, UK, Uncategorised
- October 22, 2019
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Prime Minister Boris Johnson faces two pivotal Brexit votes in the British parliament today that will decide if he can deliver on his pledge to lead the United Kingdom out of the European Union in just nine days’ time. As the clock ticks down to the latest Oct. 31 deadline for the United Kingdom’s departure, […]
READ MOREBig week Ahead For Brexit
- Posted by currencies in Brexit, Budget, Currency, Dollar, Economy, election, EUR, GBP, No Deal, Prime Minister, Sterling, UK, Uncategorised
- October 7, 2019
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The pound in early London trading today as investors grow increasingly concerned that Britain and the European Union were no closer to agreeing a Brexit withdrawal deal. British lawmakers have passed a law requiring Prime Minister Boris Johnson to seek a delay to Brexit if the UK cannot agree a withdrawal deal by Oct. 19. […]
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Market Update
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, election, EUR, GBP, No Deal, Prime Minister, Referendum, Sterling, UK, Uncategorised
- September 25, 2019
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The Supreme Court’s decision which took place yesterday, called Prime Minister Boris Johnson’s suspension of parliament unlawful and said lawmakers should return to sitting, is widely seen as reducing the probability of Britain leaving the European Union without a divorce agreement on Oct. 31. Prime Minister Boris Johnson was flying home today as determined as […]
READ MOREMarket Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, election, EUR, GBP, No Deal, Referendum, Sterling, UK, Uncategorised
- September 11, 2019
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British pound attempted a recovery and reached the highest level since July; however, the upside failed to gain traction. GBP seem to have bumped into a brick wall on the approach to $1.2350 despite some positive developments on Brexit front. Speaking at a press conference with the Irish leader Leo Varadkar, the U.K. Prime Minister […]
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Market Update
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, election, EUR, Fed, GBP, No Deal, Prime Minister, Rate Cuts, Sterling, UK, Uncategorised
- September 6, 2019
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The British pound was lower today after a tumultuous week in which it plunged to three-year lows before rebounding strongly as lawmakers voted to block a no-deal Brexit, making a snap election more likely. Opposition parties will discuss how to respond to Boris Johnson’s bid to call a snap election after the prime minister said […]
READ MOREBoris to try and call a snap election today
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, election, EUR, GBP, No Deal, Phillip Hammond, Prime Minister, Sterling, UK, Uncategorised
- September 4, 2019
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Boris Johnson will try to call a snap election today after lawmakers seeking to prevent him taking Britain out of the European Union without a divorce deal dealt him a humbling parliamentary defeat. Parliament’s move leaves Brexit up in the air, with possible outcomes ranging from a turbulent no-deal exit to abandoning the whole thing […]
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Sterling Drops Below $1.20
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, election, EUR, GBP, No Deal, Phillip Hammond, Prime Minister, Referendum, Sterling, UK, Uncategorised
- September 3, 2019
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Sterling has dropped below $1.20 this morning to a three-year low, as Prime Minister Boris Johnson’s implicit ultimatum to lawmakers to back him on Brexit or face an election sent investors scrambling to dump British assets. Barring an October 2016 ‘flash crash’ when sterling momentarily tanked to as low as $1.15, the British currency has […]
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Boris Johnson set to suspend parliament
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, election, EUR, Fed, GBP, No Deal, Prime Minister, Referendum, Sterling, UK, Uncategorised
- August 28, 2019
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Britain’s government will seek to extend the period during which parliament does not normally sit, shutting it for around a month until Oct. 14, as part of a drive to prevent politicians from derailing its Brexit plan, the BBC reported. The move, also reported by the Guardian, limits the amount of parliamentary time available to […]
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