Brexit

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...

EUR/USD  has dropped a tad below 1.1200 in the wake of the EU elections. Mainstream parties lost ground, but the votes went to both centrist and populist parties alike. The four-hour chart portrays a positive outlook for the currency pair. Center-right and center-left parties have lost their...

The “losers’ parade” that began Tuesday continued marching early Wednesday as some of the most beaten-down stocks clawed back from recent weakness in a surge of pent-up investor demand. The question is whether and how long this boomerang action can continue. Stocks with a positive...

President Donald Trump said Tuesday the United States is committed to a “phenomenal trade deal” with the United Kingdom once it leaves the European Union and suggested the two countries could double or triple the trade between them. Speaking at a joint news conference in London with...

GBP/USD has been trying to recover from the lows but has not gone too far. USD weakness has pushed it higher while disappointing UK has weighed. Tuesday's four-hour technical chart paints a mixed picture for the currency pair. As US President Donald Trump is visiting the UK, both countries...

Trade tensions appeared to be easing a bit on Tuesday morning, helping to boost market sentiment. Market participants seemed to be cheered by a relatively conciliatory statement from China’s Ministry of Commerce that said economic and trade differences need to be resolved with dialogue....

June marks the third anniversary of Britain’s surprise vote to leave the European Union (EU), a divorce commonly known as Brexit. Since the June 2016 referendum, when anti-EU forces (known across the pond as “eurosceptics”) triumphed over those who wanted to remain in the EU, the...

Boris Johnson launched his leadership campaign as President Donald Trump arrived in the U.K. Monday. Leadership Race Kicks Off  Trump has so far been vocal in his support of Johnson and praised him before leaving the U.S. Prime Minister Theresa May will...

With Prime Minister Theresa May set to resign in June, further political and Brexit uncertainty continues to plague the foreign exchange market. Pounds sterling faces more losses and could see record lows before the year is out, according to FX analysts.& Political Risk Lukman Otunuga, research...

In an open letter to the Conservative Party leadership contenders, the Confederation of British Industry (CBI) said leaving Europe without a deal could cause long-term damage to the country's competitiveness and candidates should "demonstrate that good business is good for society." Carolyn...

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...

EUR/USD  has dropped a tad below 1.1200 in the wake of the EU elections. Mainstream parties lost ground, but the votes went to both centrist and populist parties alike. The four-hour chart portrays a positive outlook for the currency pair. Center-right and center-left parties have lost their...