Analyst: Expect Upward Trend In Pound Sterling As Britain Preps To Leave EU
The pound sterling hit a two month high of $1.25 ag.....»»
Stocks hit record high, sterling endures rough week
World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading toward its worst week for more than two years amid renewed worries over how Britain will leave the European Union......»»
World stocks hit record high, as sterling endures torrid week
World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading towards its worst week for more than two years amid renewed worries over how Britain will leave the European Union......»»
UK: pound stalls, FTSE unmoved by Brexit delay
Sterling stalled and the FTSE 100 barely moved on Thursday as markets digested the EU's extension to Britain's deadline for leaving the EU. As David Pollard reports, one analyst described the six-month delay as the 'worst of all worlds'......»»
Stocks, pound rally as tweaked Brexit deal soothes investor worries
Last-minute tweaks to Britain's deal to leave the European Union triggered gains across global stocks and propelled sterling higher on Tuesday, soothing investor worries about a possible no-deal exit that has unnerved financial markets in recent months......»»
Brexit"s back: double-whammy for sterling after virus shock
Shoved aside by the coronavirus pandemic, Brexit is set to work its way into the headlines again as a June deadline for extending Britain's 11-month transition period turns currency traders' focus - and selling pressure - back to the pound......»»
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The UK is set to leave the European Union at 11:00 p.m. London time this evening. Sterling is trading slightly higher at $1.31 against the greenback. However, analysts say this could also be due to the Bank of England's decision.....»»
Stocks extend record rally, sterling endures rough week
A year-end rally in global equity markets extended gains on Friday, helped by data showing relatively strong U.S. growth, while sterling headed toward its worst week in more than two years on concerns over how Britain will leave the European Union......»»
Pound and stocks flop as Brexit fears resurface
European stocks skidded off record highs and sterling dropped more than 1% on Tuesday, as reports that Britain's prime minister was ready to play rough in Brexit talks brought December's cross-market rally to a halt......»»
Shares and sterling soar as trade and Brexit fog lifts
Stocks rose and the pound gained on Friday as the prospect of a China-U.S. trade deal and an election victory for Britain's Brexit-backing Conservative Party cleared two of the darkest clouds on the global investment horizon......»»
Global stocks mostly gain with earnings in focus; sterling slips
Global stock indexes were flat to higher on Friday as upbeat earnings offset weaker-than-expected results, while the British pound extended losses from the previous day amid fresh uncertainty around Britain's exit from the European Union......»»
Global stocks rise despite lackluster results; sterling creeps up as EU delays Brexit decision
World stock indexes climbed on Wednesday as investors brushed aside some earnings disappointments, while the British pound inched up as European Union leaders delayed a decision on whether to grant Britain a three-month Brexit extension......»»
London Markets: British pound climbs while FTSE 100 registers moderate gains after Brexit deal
The British pound surged on Thursday while equities registered moderate gains in the wake of an agreed deal between negotiators for Britain to leave the European Union......»»
London Markets: Pound pulls back from three-month highs as hopes dim over Brexit agreement
Fresh concerns that U.K. and European leaders may not read a deal for Britain to leave the European Union weighed anew on the pound Monday, pulling it off a three-month high seen late last week......»»
Pound pulls back from three-month highs as hopes dim over Brexit agreement
Fresh concerns that U.K. and European leaders may not read a deal for Britain to leave the European Union weighed anew on the pound Monday, pulling it off a three-month high seen late last week......»»
London Markets: Brexit hopes sends British pound to highest level of Johnson administration as U.K. banks soar
Optimism that U.K. and European leaders can reach an agreed deal for Britain to leave the European Union pushed the British pound higher for a second day......»»
London Markets: Brexit hopes fuel fresh rally for the British pound to highest level of Johnson administration
Optimism that U.K. and European leaders can reach an agreed deal for Britain to leave the European Union pushed the British pound higher for a second day......»»
Foreign trophy hunters scent bargains in Britain as pound weakens
From pubs to theme parks, sterling's near record lows against other major currencies has encouraged overseas buyers to snap up "UK Plc", with more bargain hunters expected......»»
Stocks rise on earnings; sterling falls
A host of upbeat earnings pushed U.S. stocks higher on Tuesday and world stocks rose in anticipation of central bank easing, while pound sterling fell on the expected confirmation of hard-Brexit advocate Boris Johnson as Britain's next prime minister......»»
Carmakers drive Europe higher, Johnson batters sterling
A wave of central bank easing and positive soundings from the earnings season buoyed world stocks on Tuesday, while Britain's pound fell before the expected confirmation of hard-Brexit advocate Boris Johnson as the country's prime minister......»»
ECB, Fed rate cut hopes lift global stocks, sterling sags
Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Union......»»