Parliament British Pound

The Pound handed substantial earloer gains back to the Euro and Dollar Monday after the House of Commons failed for a second time to produce a majority in favour of any form of "soft Brexit", despite a strong hint from Downing Street suggesting it could allow the government to be bound by such a decision.  

April 2,2019

The Pound fell sharply against the Euro and Dollar in volatile trading Friday after the House of Commons rejected Prime Minister Theresa May's EU Withdrawal Agreement for a third and potentially final time, heaping further uncertainty onto the economy and financial markets.

March 29,2019

The Pound slipped lower on Thursday as markets weighed the implications of "indicative votes" that have left parliament in deadlock over Brexit and after the Democratic Unionist Party (DUP) said again that it will reject Prime Minister Theresa May's EU Withdrawal Agreement on the next asking. 

March 28,2019

The Pound remains the best performing currency in the G10 universe for 2019 but the British currency has much further to rise, according to analysts at Morgan Stanley, who've recently told clients to buy the British currency.

March 28,2019

The Pound advanced Wednesday as markets await the outcome of a series of crunch parliamentary votes, and after a series of high-profile u-turns from Conservative Party MPs and activists over the EU withdrawal agreement prompted speculation that Prime Minister Theresa May could be close to having a majority for it in the House of Commons.

March 27,2019

The Pound advanced against the Euro Tuesday after leading Brexiteer Jacob Rees-Mogg hinted that he is on the cusp of backing Prime Minister Theresa May's EU Withdrawal Agreement, as the market awaits Parliament's next steps in the Brexit saga. 

March 26,2019

Sterling was weaker against the Euro and Dollar at the London close on Monday after Prime Minister Theresa May offered little clarity on when she will put her signature bill before lawmakers again, and as MPs began attempting to assert themselves on the government. 

March 25,2019

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