Pound drops to six-month low on Brexit uncertainty
The pound sterling has dropped to a six-month low against the dollar and euro, as the UK and EU ramp up their Brexit rhetoric. Analysts say the chances of reaching a trade…
British Pound spikes on Brexit deal optimism
Jeremy Stretch, head of G-10 FX strategy at CIBC Capital Markets, discusses the renewed optimism for a Brexit deal and its potential impact on the British pound. She speaks on "Bloomberg The…
Pound flounders on Brexit uncertainty
Pound flounders on Brexit uncertainty…
Selling Pound is risky as Brexit decision nears, Says Carmignac Gestion
Sandra Crowl, member of the investment committee at Carmignac Gestion, discusses the outlook for gilts, the pound and U.K. stocks as the Brexit deadline nears.…
Pound steady as UK government seeks Brexit ‘consensus’
Pound steady as UK government seeks Brexit 'consensus'.…
Egypt’s external finances improve after float decision
Egypt’s external finances improved following the Nov. 3 decision to float the pound, the central bank said, as inflows from investments, remittances and exports picked up.…
Soc Gen’s Juckes sees U.K. economy on ‘gradual down path’
Kit Juckes, a global strategist at Societe Generale, discusses a slowing of the U.K. economy post-Brexit and the impact of a weakening pound.…
Rolls-Royce logs record $5.8bn loss
British engine maker Rolls-Royce has logged a record $5.8bn annual net loss in 2016, ravaged by a Brexit-fuelled collapse in the pound and a corruption fine.…