News

Pound poised as May tries third time lucky on her vote

The Pound trades at relatively subdued levels but is poised ahead of May’s third attempt to get her Brexit divorce agreement through Parliament. After no majorities were found from the indicative votes held in Parliament on Wednesday night - an attempt to break the...

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Pound makes back some ground as EU offer short extension

The Pound has clawed back some ground after the EU accommodated the UK's desire for a Brexit deadline extension. They agreed to two possible extension options. If Theresa May can hold a third meaningful vote, and it passes through parliament (vote expected next week),...

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Pound stronger as no-deal voted down

The Pound is higher today after UK Parliament rejected a no-deal Brexit last night. The original vote was to rule out taking no-deal off the table for the 29th March but an amendment on the vote meant MPs took no deal off the table under any circumstance which went...

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Traders take profit as Brexit crunch time fast approaches

Sterling has continued to lose ground this morning as talks between the UK and EU remain deadlocked ahead of tomorrow’s meaningful vote in Parliament. In a bid to get enough support for her proposed deal, Theresa May has been desperately trying to get the EU to change...

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Pound marches higher as it continues to play out the range

The Pound has moved higher today as the market look for progress being made in Brexit talks between Theresa May and the EU this week. Sterling had traded lower through the first couple of weeks of February but has started to edge back in the past few days. It remains...

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Sterling continues good run as no-deal looks less likely

Sterling has sustained its good run as traders continue to reduce their bets of a no-deal Brexit outcome. Although there’s still a lot of ongoing Brexit uncertainty - with no agreement on how and when the UK will leave the EU (or if we even will!) - the majority in...

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