Tag Archives: Brexit

Theresa May_Brexit_Negotiations_1906

The pound starts the week on a sour note amid fresh political turmoil weighing on PM Theresa May, but GBP traders will vie with a […]

Last week, the Bank of England hiked interest rates for the first time in nearly a decade by 25 basis points. The rate hike was […]

Sterling _ BoE_GBP

The Bank of England governor, Mark Carney in a speech last week cautioned that inflation in the UK would rise above 3% in the few […]

COT report_Sterling_ECB

EURUSD Non-Commercials increased their net long positions in the Euro last week buying 7k contracts to take the total position to 98k contracts. EUR upside […]

UK_Supreme Court_Brexit

UK PM Theresa May will do her best to end the Brexit stalemate with the EU in dinner with EU Commissioner Jean Claude Juncker. It […]

BOE GBP

Unit Labour Cost Revised Higher The chances of a UK interest rate rise are thought to have increased in light of the admission of an […]

On the weekend, the German elections concluded with the incumbent, Angela Merkel’s CDU/CSU party winning the elections albeit losing some votes to the fringe parties. […]

Parliament Approve Bill in First Vote The UK government this week moved one step closer to pursuing its mandate to withdraw the UK from the […]

Pound Dollar

Why is sterling suddenly hitting 4-week highs against the US dollar, dragging euro to 3-week lows and even pushing up against the yen? Emerging opposition […]

Euro and sterling

The common currency is probably heading into posting a second yearly gain against the British pound. Having rallied close to 2009 highs, the euro is […]