The pound touched its highest level since the Brexit vote on Tuesday ahead of EU-UK negotiations this week. Sterling edged up 0.1% in early Asia trading, touching $1.4354, its highest intraday level since the June 2016 UK referendum and moving past the prior post-Brexit high, hit on January 25. The British currency, which has gained […]
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God Save The Queen: GBP goes down to near 3-week low after May criticizes EU Brexit proposals
Today`s news are all about UK. UK Prime Minister May has hit out at Brussels’ first draft of a Brexit treaty, sending GBP to sink waters to near 3-week low. Sterling fell as much as 1% to $1.3772, weakest level since February 9. Today’s decline takes its loss for the month to nearly 3 per […]
How Will Brexit Affect Online Currency Trading?
Online Currency Trading after Brexit Brexit will impact some economies in bad ways and good. These all long term effects, with the British pound itself likely to rise due to the forthcoming events. Online Currency Trading and Investing after the Brexit Online currency trading and investing is likely to see the effects of Brexit on […]
Bull & Bears Tug Of War, Oil Hops, Global Stocks Move Into High Gear.
Here we go again with the Bull & Bears Tug of War, Oil hops, Global Stocks move into High Gear. As market gathers momentum driving by emotions at times and short term swings ensued by the Trade Tariffs antics, oil politics and Brexit tweaking as the UK searches for a new leader to provide a […]
“Trumpnomics” Births “Tecnomics” Which Keeps Markets Capricious And On tiptoes.
“Trumpnomics” births “Tecnomics” which Keeps Markets capricious and on tiptoes. As the results of the EU parliamentary elections results provide some sort of comfort in that most are parties are pro EU. However, the silver lining here would be that UK’s Nigel Farage’s pro-Brexit party won. Both the US and the UK started the week […]
Marketers, Dig Their Heels Into Q1 Earnings Report. Meanwhile, Nervous Traders Began To Reconsider Their Bets
Marketers, dig their heels into Q1 Earnings Report. Meanwhile, nervous traders began to reconsider their bets on the GBP. After the EU agreed to an extension for the UK’s departure from the EU to take effect by October 31st the UK will be obliged to take part in the EU parliamentary elections on the 22nd […]