Sterling pares losses after UK cabinet backs Brexit deal

Asian stocks edged up on Monday as Chinese shares reversed early losses, supported by hopes for progress in resolving the U.S.-China trade war, while sterling slipped after the British parliament delayed a crucial vote on a Brexit withdrawal deal......»»

Update (6:50 pm ET): In a stunning turnaround, the pound has surged to a session high, erasing its losses for the day, on reports that Dominic Raab, May's former Brexit Secretary, who famously resigned in Nove.....»»

Sterling slid on Monday after the resignation of the British foreign minister heaped pressure on Prime Minister Theresa May. But, as Ivor Bennett reports, its losses were expected to be contained unless a ful-blown leadership challenge materialised......»»

Sterling extended its gains on Tuesday after a British cabinet minister said a Brexit agreement was still possible with the 24 - 48 hours. But as David Pollard reports, the toughest Brexit tests may yet be ahead for UK prime minister, Theresa May......»»

Oil prices bounced up on Wednesday, as hopes for output cuts fueled a partial rebound from the previous session's steep decline, and the euro and sterling gained as British Prime Minister Theresa May obtained her cabinet's backing for her Brexit deal......»»

The euro and sterling gained on Wednesday as British Prime Minister Theresa May obtained backing from her cabinet on her Brexit deal, which she now has to convince parliament to approve......»»

The United Kingdom’s currency the pound sterling has taken a drastic drop on Thursday morning as multiple members of Prime Minister Theresa May’s cabinet resigned hours after a co.....»»

The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal......»»

The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal......»»

The Latest on Britain's exit from the European Union (all times local): 1:55 p.m......»»

The British pound pares its sharp losses against the U.S. dollar in late Tuesday trading, after the British Parliament rejects Prime Minister Theresa May’s Brexit deal......»»

Investors got a chance to react to a post-Brexit trade deal, pushing sterling higher, while European equities and U.S. stock futures gained on news of a U.S. stimulus deal......»»

Investors got a chance to react to a post-Brexit trade deal, pushing sterling higher, while European equities and U.S. stock futures gained on news of a U.S. stimulus deal......»»

Sterling closed in on its highest since mid-2018 as UK and EU negotiators prepared to announce a .....»»

If a Brexit deal gets done, a sterling rebound could prompt global investors to reassess whether the U.K.’s domestic-focused stocks are too cheap......»»

Britain’s new Parliament voted overwhelmingly Friday to back Prime Minister Boris Johnson’s Brexit accord, a significant step toward the country’s departure from the European Union on Jan. 31......»»

The dollar rose on Tuesday amid concerns about Britain's setting a hard deadline to reach a new trade deal with the European Union, while global equity markets gained, lifted by a resurgent U.S. housing market that bodes well for the economy......»»

The pound sterling slipped by 0.30% to 1.3289 against the U.S. dollar on Tuesday as no-deal Brexit scenarios reemerged after Boris Johnson's reelection as the country's prime minister. 0 read more.....»»

Santa came early to Asia's stock markets on Tuesday as trade deal optimism, positive economic signals in China and Wall Street's rally sent shares to an 18-month high, while familiar Brexit worries knocked sterling......»»

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......»»