Brexit

After a long holiday weekend watching auto racing, hosting and attending barbecues, and enjoying the late spring weather, investors regroup today to a stock market that’s played defense for weeks and feels exhausted as summer begins. The Dow Jones Industrial Average ($DJI) fell last week for...

After British Prime Minister Theresa May's Thursday announcement that she will step down June 7, the race is on to replace her — and reports are emerging Boris Johnson is a lead candidate. Johnson is a member of parliament for Uxbridge and South Ruislip. He's proving to be the first...

It has been a long process, but Theresa May has finally succumbed to the mounting pressure and in a tearful address outside of 10 Downing Street the Prime Minister announced her resignation effective 7 June, following the visit of President Trump and the Peterborough by-election, due on 6 June....

GBP/USD is trading at a fresh four-month low on growing political uncertainty. The pound also suffers from weak inflation and the US-Sino trade war. The technical outlook is bearish for the currency pair. UK PM Theresa May has pledged to set out a timetable for her departure in early June, but...

British Prime Minister Theresa May confirmed Friday that she will step down June 7.  The Conservative Party must now choose a successor, Reuters reported. May failed to win parliamentary backing for the Brexit divorce agreement she has been negotiating with the European Union. May...

Theresa May, Britain's Prime Minister, was today desperately clinging to power following a tense 24 hours on 22 May, which concluded with the resignation of a senior member of her cabinet in Andrea Leadsom, the Leader of the House. The day started with May outlining her Withdrawal Agreement Bill...

GBP/USD is trading at a fresh four-month low on growing political uncertainty. The pound also suffers from weak inflation and the US-Sino trade war. The technical outlook is bearish for the currency pair. UK PM Theresa May has pledged to set out a timetable for her departure in early June, but...

In case you forgot about Brexit, it hasn’t gone away and it’s still having an impact on the market. Take this morning, for instance. A Cabinet member resignation over Brexit along with anticipated election results favoring EU-critical party members in the UK continue to weigh on stocks...

Reports emerging Wednesday from Westminster suggest that British Prime Minister Theresa May is set to resign, according to Sky News. It was reported earlier in the day that May was on her way to visit the Queen for her usual meeting.  May has laid out a fresh plan...

GBP/USD is trading at a fresh four-month low on growing political uncertainty. The pound also suffers from weak inflation and the US-Sino trade war. The technical outlook is bearish for the currency pair. UK PM Theresa May has pledged to set out a timetable for her departure in early June, but...

British Prime Minister Theresa May has outlined the changes to her European Union (EU) withdrawal deal that she hopes will allow Members of Parliament (MPs) to vote for the Brexit deal if it is voted on for a fourth time. Speaking at a press conference in central London, May explained that she had...

GBP/USD extends its descent amid ongoing political uncertainty. UK PM May convenes her cabinet to plot a last attempt to pass her Brexit deal. The four-hour chart shows the currency pair still suffers oversold conditions. ​​​​​​The saying "third time's a charm" did not apply to UK...

GBP/USD is still suffering from ongoing political uncertainty. UK PM May will make a last attempt to convince MPs to support her Brexit plans. The four-hour chart shows the currency pair is exiting oversold conditions. A bold plan is what UK PM Theresa May will offer members of parliament in a...

GBP/USD trades at four-month lows amid a deteriorating political outlook in the UK. Cross-party trade talks and US-Sino negotiations are both set to collapse. However, the four-hour chart shows oversold conditions, implying a temporary bounce. "Boris Johnson, PM", is a headline that may...