Jeremy Corbyn — News Archive

    Archives

British Pound Drops As Brexit Uncertainty Deepens, Later Recovers

The British pound today fell to new 4-month lows against the US dollar as the uncertainty surrounding the Brexit issue deepened. The GBP/USD currency pair hit new lows as uncertainty reigned over who would succeed Theresa May as Prime Minister and whether they would support a no-deal Brexit.

Pound Crashes to 4-Month Lows As Brexit Talks End Without a Deal

The Sterling pound today fell to new 4-moth lows against the US dollar as cross-party Brexit talks collapsed ahead of Theresa May’s impending resignation. The Labour Party officially called off the talks saying that there was no need to negotiate with a government that was about to collapse.

Pound Drops on Brexit News, Rallies on Weak US Services PMI

The Sterling pound today fell to its daily lows in the early London session after it emerged that the UK government had made little progress in cross-party Brexit talks. The GBP/USD currency pair later rallied higher in the American session following the release of weak US non-manufacturing/services PMI and ignored the upbeat US jobs data.

Pound Posts Gains Despite Brexit Pessimism and Upbeat US GDP

The Sterling pound today traded mostly sideways against the US dollar as it solidified gains made from yesterday’s 10-week lows as the Brexit impasse continued. The GBP/USD currency pair dropped lower following the release of US Q1 GDP data before quickly reversing the losses and printing new daily highs driven by positive investor sentiment.

British Pound Falls on Rumors of Stalled Bi-Partisan Brexit Talks

The British pound today fell to new weekly lows against the US dollar driven by rumors of stalled talks between the UK government and the opposition party. The GBP/USD currency pair was stuck in range up to the mid-London session when the Labour Party leader stated that there was no agreement on a customs union yet.

Sterling Soft Despite MPs Ruling Out Hard Brexit

The Great Britain pound was soft today even as the British Parliament voted for a bill that rules out a no-deal Brexit.

Pound Rallies as Theresa May Meets Jeremy Corbyn

The Great Britain pound gained on most other major currencies today as British Prime Minister Theresa May was meeting with opposition Labour leader Jeremy Corbyn.

Pound Drops From 2-Month Highs as UK Retail Sales Disappoint

The British pound today fell from yesterday’s 2-month highs against the US dollar following Theresa May‘s victory in the no-confidence vote against her on Wednesday. The GBP/USD currency pair today declined as markets monitored Brexit developments amid low volatility.

Pound Trades Strongest After Theresa May Wins Confidence Vote

The Great Britain pound was the strongest major currency on the Forex market during Thursday’s trading after UK Prime Minister Theresa May won the confidence vote on Wednesday.

Pound Jumps After May Suffers Resounding Defeat in Brexit Vote

As was expected UK Prime Minister Theresa May suffered a defeat in the crucial Brexit vote. Yet apparently, traders used “sell the rumor, buy the fact” approach for the Great Britain pound as the currency jumped on the news.

Navigation

Menu