The economic reasons for avoiding a 'no deal' Brexit were recently laid out by Bank of England Governor Mark Carney. The warnings are quite stark.
September 14,2018
The Turkish Lira shot higher Thursday after the Central Bank of Turkey (CBRT) raised interest rates despite opposition from President Recep Tayyip Erdoğan, whose influence over the institution has contributed to the nation's 2018 currency crisis.
September 13,2018
The headline takeaway from the Bank of England's September meeting proves positive for the British Pound which traded higher against the US Dollar following the announcement, breaking the 1.31 barrier in the process. Against the Euro recent gains were defended despite the single currency being boosted by the ECB.
September 14,2018
Those wanting a stronger British Pound by year-end 2018 will take heart from news reports that domestic resistance to a Brexit deal might be fading.
September 13,2018
The Pound advanced further on rivals Tuesday after official data showed wage pressures building in the UK's tight labour market while traders also continued to reward signs of progress in the Brexit negotiations with a steady bid for Sterling.
October 10,2018
The British Pound was seen gaining on the Euro, Dollar and other major currencies following comments by chief EU Brexit negotiator Michel Barnier that a Brexit deal was likely to be achieved in 6-8 weeks.
September 11,2018
The Swedish Krona ceded ground to the Pound, Dollar and Euro Monday after a general election left the Nordic country with a hung parliament, prompting some analysts to forecast further losses for the currency given its negative fundamentals and an unsupportive international environment.
September 10,2018
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