The Pound won a moment's respite late Tuesday when MP's rejected the so called "meaningful vote" amendment to the EU Withdrawal Bill, which seemingly kicks any threat to the stability of the government out into the long grass, but the next challenge to Prime Minister Theresa May's leadership and the government is already looming over Sterling.
June 13,2018
The Pound fell broadly during early trading Wednesday after Office for National Statistics data showed the consumer price index stabilising at its lowest level since March 2017 during May, despite a sharp rise oil and energy prices during the 2018 year to date.
June 13,2018
Pound Sterling erased earlier losses and advanced against the developed world currency basket Tuesday after the latest labour market report showed the UK economy continuing to create new jobs at a rapid clip in April, keeping the unemployment rate at a multi-decade low.
June 12,2018
The Pound reversed course and slipped lower early in the Monday session after Office for National Statistics data showed UK manufacturing production contracting for the second consecutive month in April, while the UK's goods trade balance widened much faster than was expected, marking a poor start to the second quarter for UK industry.
June 11,2018
The Pound fell during the noon session Friday after European Union negotiator Michel Barnier appeared to suggest Brussels may seek a Brexit customs arrangement that places a border between the province of Northern Ireland and the rest of the UK, throwing Prime Minister Theresa May a fresh curveball.
June 9,2018
Pound exchange rates are looking more assured heading into the weekend thanks to an intervention by the BoE's Ramden.
June 8,2018
The Pound is in a precarious position this June as the Brexit negotiations approach another pivotal moment, according to strategists at J.P. Morgan, who argue the currency has now lost its safe-haven allure and may fare poorly in the weeks ahead.
June 8,2018
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