Johnson sheds no new insights on Brexit

The British Pound is finding its feet again in mid-week trade and is seen advancing against both the Euro and U.S. Dollar, having painted fresh six-month lows against the two currencies just 24 hours earlier.

June 19,2019

Chancllor HAmmond

Chancellor of the Exchequer Philip Hammond is reportedly "prepared to resign" over Prime Minister Theresa May's legacy spending plans, according to news reports that are credited with triggering the latest impulse lower in Pound Sterling.

June 18,2019

Boris Johnson and impact on Sterling

If markets accept that Boris Johnson's priority is securing a Brexit deal, then Sterling could find itself supported.

June 17,2019

Brexit exchange rates

The British Pound returned toward its recent lows going into the London close Wednesday after an opposition Labour Party attempt to create law preventing a 'no deal' Brexit from taking place under the next Prime Minister was defeated in the House of Commons. 

June 13,2019

UK labour market data boosts pound Sterling

Pound Sterling was seen staging a recovery against the Euro and U.S. Dollar in mid-morning trade on Tuesday, June 11 after UK labour market data showed wages continue to rise.

June 11,2019

Conservative Party

The Pound is under pressure once again and a numer of analysts say they are expecting the selling pressure to continue during a summer and autumn of political uncertainty.

June 11,2019

Pound Sterling

Pound Sterling reacted negatively to data out Monday that shows the UK economy shrank 0.4% in April 2019 according to the latest set of monthly growth data from the Office for National Statistics.

June 10,2019

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