After rallying on good economic data and rising rate hike hopes, Brexit fears return. With a limited number of strategic options, Theresa May looks destined to concede on transition terms. While the ...
The latest twist in the Brexit soap opera suggests that the EU exit needs to be approved by Parliament. Financial markets are pricing in Brexit incertitude into the pound while UK equities soar.
LONDON (Reuters) - Sterling has tumbled to a 31-year low, but British stocks are near a record high and, contrary to many expert forecasts, the shock of Brexit has not yet pushed the British economy ...
Sterling fell against the dollar on Tuesday, undermined by Britain's bleak economic and political outlook relative to other big economies, including the government's plans to ditch pre-agreed rules on ...
Flight bookings to Britain rose in the month following the country's vote to leave the European Union as international visitors sought to take advantage of a cheaper UK-based holiday after a slump in ...
GBP losses have extended further throughout the morning as European participants digest the newsflow from the weekend. Brexit negotiations are continuing this week, however, as the Irish Foreign ...
Brexit summit sealed the Brexit deal on Sunday but failed to support Sterling on a massive basis. The UK Brexit Secretary Stephen Barclay said it is going to be a tough task to get the Brexit deal ...
Sterling fell to a one month low against the dollar on Monday, coming under downward pressure from data showing Britain's economy had unexpectedly shrunk in April and from tensions with the European ...
LONDON, Oct 6 (Reuters) - Currency traders are seeing increased demand for derivatives that enable holders to position for a stronger pound, as improved chances of a Brexit trade deal start to push ...
Historically, the British pound sterling has been stronger than many other currencies, including the U.S. dollar. The pound’s value was double that of the U.S. dollar as recently as 2007. In late ...