LONDON – The British pound hit a 31-month low on Thursday as investors rallied against the U.S. dollar. And the long-awaited Brexit trade deal by the European Union will bet. Sterling rose 0.8% to close at 35 1.3593 after hitting a previous session of 3 1.3616. Earlier this month, the …
Read More »There are only ‘a few hours’ left to agree to a Brexit trade deal
European Commission UK Task Force Chief Negotiator, Michelle Barnier. Thierry Monase | Getty Images News | Getty Images LONDON – The UK and the European Union are running out of time to agree on terms of a post-Brexit trade arrangement, EU chief negotiator Michelle Barnier has warned. The two sides …
Read More »The British pound jumped as more progress was made on the EU deal
British Prime Minister Boris Johnson attends a virtual press conference inside 10 Downing Street in central London on November 26, 2020. Jamie Loriman | AFP | Getty Images European Commission President Ursula von der Leyen said the sterling broke the long-awaited $ 1.35 billion barrel on Wednesday morning after progress …
Read More »EU Brexit negotiator says pound rises as trade deal approaches
Brussels, Belgium – February 3: EU Chief Brexit negotiator Michel Bernier will address a press conference in Brussels, Belgium on February 3, 2020. Anadolu Agency Sterling surged more than 0.8% against the US dollar on Wednesday after the European Union indicated that a trade deal with the UK was still …
Read More »Bank of England has rates in England but warns of ‘unusually uncertain’ outlook
Mounted police officers sit outside the Royal Exchange and the Bank of England in London on June 17, 2020. Tolga Ekman | AFP by Getty Images LONDON – The Bank of England on Thursday kept interest rates unchanged and maintained its current asset purchase levels, but warned that the outlook …
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