Reuters. By Hideyuki Sano TOKYO (Reuters) – The pound flirted with a 1-1/2-month low against the dollar on Monday on fears of a no-deal Brexit while investors waited for Japan’s ruling party to choose Prime Minister Shinzo Abe’s successor. The pound changed hands at $1.2806, having touched a 1.2767Read More →
Reuters. By Yasin Ebrahim Investing.com – The pound is on track for its biggest weekly fall in nearly six months on Thursday as the European Union threatened legal action against Britain if it does not drop a bill aimed at scuttling the Brexit divorce deal. Down 1.56% at $1.2799,Read More →
© Reuters. BY Yasin Ebrahim Investing.com – The pound rose against the U.S. dollar on Wednesday and continued to maintain its third consecutive week of gains against the U.S. dollar. Before the Bank of England meeting on Thursday, weak economic data exceeded expectations. As the center of the BritishRead More →
British stocks began the new year with a bang on Thursday but the pound slipped as 2020 started with the same old Brexit fears. The internationally-exposed FTSE 100 UKX, +0.89% jumped 0.9% led by strong gains for mining stocks as China’s central bank cut its reserve requirement ratio forRead More →
British stocks climbed higher on Tuesday despite the Conservative Party’s lead narrowing in two separate election polls. The FTSE 250 MCX, +0.59% moved to 15-month highs, climbing 0.6% above 20,800 points, while the FTSE 100 UKX, +0.11% edged 0.1% higher. The pound GBPUSD, -0.2481% slipped 0.2% toRead More →
The British pound slipped, while FTSE 100 futures indicated a steady start for stocks on Monday, after U.K. lawmakers voted to ask for a Brexit-deadline delay over the weekend. The pound GBPUSD, -0.4085% dipped 0.6% against the dollar to $1.2899 versus $1.2974 seen late Friday in North American trading. Still,Read More →
Wild gyrations seen this week for the British pound continued Thursday, with the currency falling anew after a key group of Northern Ireland politicians said they can’t support U.K. Prime Minister Boris Johnson’s current Brexit plan. The pound GBPUSD, -0.2495% slid 0.6% to $1.2755, from $1.2828 seen late Wednesday inRead More →
© Reuters. A man walks past in front of a stock quotation board showing the price of the SoftBank Corp. on the Tokyo Stock Exchange outside a brokerage in Tokyo By Stanley White TOKYO (Reuters) – Asian stocks and the pound gained on Tuesday as investors held out hope thatRead More →
Reuters Britain’s Prime Minister Boris Johnson shops at a bakery during a visit to Doncaster Market, in Doncaster, Britain, September 13, 2019. The British pound came under pressure Wednesday as inflation data grew softer than forecast in August. U.K. consumer prices slowed to 1.7% year-over-year growth in August from 2.1%Read More →
© Reuters. Passersby are reflected on a stock quotation board outside a brokerage in Tokyo By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks bounced on Wednesday, led by Chinese markets after a report showed growth in the country’s service sector accelerating despite broader economic headwinds, while the pound halted itsRead More →
The pound tumbled following dismal British manufacturing data on Monday ahead of a crunch week for Brexit in Parliament. The internationally-exposed FTSE 100 UKX, +1.34% climbed 1.2% as the pound continued its downward spiral on no-deal Brexit fears and weak factory activity. Domestic stocks were helped by Europe-wide positivity overRead More →
The pound plummeted on Wednesday as British Prime Minister Boris Johnson set out plans to suspend Parliament, slashing MPs’ hopes of blocking a no-deal Brexit. The move would see Parliament suspended for five weeks before returning on Oct. 14—less than three weeks before Britain’s scheduled departure from the EU onRead More →
London stock markets were spared heavy losses on Friday by a plunge in the pound after data showed the U.K. economy contracted in the second quarter for the first time since 2012. The FTSE 100 UKX, -0.10% slipped 0.1% on the weak economic data, along with fears of political instabilityRead More →
Some may say Jillian Johnsrud has a frugal lifestyle, but, if you ask her, she’d say she’s living the dream. Johnsrud, who lives in Kalispell, Mont., with her husband and five children, has always been consistent in how she spends money: It only goes toward what she and her familyRead More →
The British pound on Thursday was able to shake off Brexit drama and an early morning selloff to trade near unchanged near midday in New York. After nearly six hours of deliberation, European Union leaders granted the U.K. a second extension to its Brexit deadline to Oct. 31, which includesRead More →
© Reuters. FILE PHOTO: A videographer films an electronic board showing the Japan’s Nikkei average and related indexes at the Tokyo Stock Exchange in Tokyo By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose on Monday, as signs of progress in U.S.-China trade talks and firmer Wall Street shares supportedRead More →
© Reuters. FILE PHOTO: Pedestrians walk past electronic board showing the Nikkei stock index outside a brokerage in Tokyo By Andrew Galbraith SHANGHAI (Reuters) – The pound jumped and Asian shares rallied on Tuesday after the European Commission agreed to changes in a Brexit deal ahead of a vote inRead More →
© Reuters. FILE PHOTO: Pedestrians walk past electronic board showing the Nikkei stock index outside a brokerage in Tokyo By Andrew Galbraith SHANGHAI (Reuters) – The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in a Brexit deal ahead of a vote inRead More →
Sterling added to gains on Wednesday as investors focused on Brexit developments that left the British pound once again one of the best performers. The U.K. currency GBPUSD, +0.5207% defended its gains from the past sessions, as the possibility of a delay to the March 29 Brexit deadline is becomingRead More →
The British pound bounced higher on Monday on the back of the news that the U.K.’s Labour Party would support a second Brexit referendum, demonstrating once again that political developments around the split are the only factor driving the currency for now. In fact, only a moderate outcome is priceRead More →
© Reuters. FILE PHOTO: Man is seen in front of an electronic board showing stock information on the first day of trading in the Year of the Pig at a brokerage house in Hangzhou By Swati Pandey SYDNEY (Reuters) – Asian shares lost steam on Tuesday after scaling a five-monthRead More →
© Reuters. FILE PHOTO: A woman points to an electronic board showing stock prices as she poses in front of the board after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan’s stock market, in Tokyo By Wayne Cole SYDNEYRead More →
The British pound bounced around Tuesday, briefly pushing to pushing to levels not seen since mid-November, hours ahead of a crucial vote on an exit plan for the U.K. to leave the European Union. Giving up most of an earlier lead, sterling GBPUSD, -0.0466% last bought $1.2874, slightly higher thanRead More →
The British pound strengthened against the U.S. dollar and the euro on Friday after U.K. newspaper The Evening Standard reported that a delay to the March 29 Brexit was becoming increasingly likely. While the idea of a Brexit delay was refuted by Prime Minister Theresa May’s government earlier this week,Read More →
