no deal

Tomorrow is projected to be a very busy day for the pound sterling. We have the release of several important data points that routinely move the market. That's aside from the continuing saga of Brexit, and increasing fears that the UK…

Johnson Vs Merkel Hopes of a deal between the UK and EU came crashing down on Tuesday. This sent GBP cascading down to fresh one-month lows. The news came following a telephone conversation between the UK PM and German Chancellor,…

Relief at Supreme Court Decision GBP has been rallying again this week as forex traders react to news of Boris Johnson’s Supreme Court ruling. The judges of the highest court in the UK ruled against Johnson on the back of last…

Last-Minute Negotiations Fail The seemingly never-ending Brexit saga has taken a strange turn this week! World-famous travel company Thomas Cook has plunged into insolvency, creating travel chaos. The firm has been battling financial…

The Bank of England will be holding its monetary policy meeting today. This will be the last monetary policy meeting ahead of the October 31 Brexit deadline. Investors expect the Bank of England MPCs to leave monetary policy unchanged.…

Boris Johnson, Britain's rather controversial Prime Minister, is running out of options. Last Friday, a bill to block a no-deal Brexit by October 31st passed the House of Lords. It should now be made law as early as Monday. The bill…

The UK PM lost the first and most critical battle in Parliament yesterday. MPs voted to block a no-deal Brexit. Rebel Torry MPs joined other party MPs in a bid to take power from Boris Johnson and avoid a hard Brexit. Forex traders were…

The UK's Prime Minister faces a fresh electoral threat from 20 rebel Tory MPs who have joined Jeremy Corbyn's efforts to rule out a no-deal Brexit. The motion to block a no-deal Brexit will most likely be tabled in Parliament as MPs fear…

Fears over the impact of a “no-deal” Brexit have risen again following the leaked “Yellowhammer” document which details government concerns around the potential fallout of a no-deal Brexit. Here are the top ten takeaways from the report.…

The issue of Brexit has slipped out of the limelight recently. However, with the recent appointment of Boris Johnson as the new leader of the Conservative party and consequently, the new UK Prime Minister, Brexit has once again swung…