The pound fell again on Thursday, a day after British Prime Minister Boris Johnson suspended parliament for more than a month to dodge a possible no-confidence vote and take Britain out of the European Union ...
A European Central Bank (ECB) official has revealed that about 1.3 trillion euros ($1.44 trillion) worth of assets will be moved from London to the eurozone due to Brexit, according to document. Twenty-four banks will ...
The United Kingdom (UK) government should boost trade relations with India as the country prepares to leaves the European Union (EU), a Parliament report said on Monday. “As India has boomed over the last two ...
The pound sterling slipped in early trading on Friday as Brexiteer Boris Johnson moved closer to becoming British prime minister, worrying investors that his government would make a no-deal Brexit more likely. Despite Friday’s falls, ...
Signs that arch-Brexiteer Boris Johnson may be a step closer to becoming Britain’s next prime minister sent the pound tumbling to a five-month low versus the euro on Tuesday as investors worried about the risks ...
A no-deal Brexit or a trade conflict with the U.S could push the European Union into recession, Jurgen Rigterink, First Vice President of the European Bank for Reconstruction and Development (EBRD), said on Thursday. “Right ...
A rally in the dollar faltered on Monday with strong U.S. data doing little to lift the currency or convince investors that a slowdown in activity is over. The greenback traded in a narrow range ...
Sterling will rally three per cent if the Brexit gridlock is resolved and Britain looks likely to leave the European Union with a deal, but the currency will tumble five per cent if negotiations fail, ...
The euro held firm against the dollar on Thursday as hopes of a trade deal between the United States and China bolstered risk appetite globally, while the British pound was buoyed after the UK parliament ...
The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in ...
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