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European stock markets advance, pound slumps
16 Jul 2019
European stock markets edged higher on Tuesday, while the pound hit the lowest level versus the dollar in more than two years on Brexit deadlock.
Pound heads back towards 5-month lows on no-deal Brexit fears
26 Jun 2019
Sterling edged back towards five-month lows on Wednesday after the top contender to replace Prime Minister Theresa May reaffirmed his desire to take Britain out of the European Union with or without any agreement.
Pound wobbles as May resigns
24 May 2019
The British pound wobbled Friday after Prime Minister Theresa May announced her resignation, while stock markets mostly rebounded as US President Donald Trump offered an "olive branch" to China in their trade war, dealers said.
Pound tumbles on Brexit agony
22 May 2019
The pound struck four-month lows against the dollar Wednesday after British MPs slammed Prime Minister Theresa May's latest attempt to pass her Brexit plan.
European stocks recover, pound falters
21 May 2019
European stock markets recovered Tuesday but concerns about the Huawei row and broader China-US trade war kept investors on edge.
Pound slides on Brexit woes
17 May 2019
The pound struck multi-month lows versus the dollar and euro Friday on renewed prospects of a no-deal Brexit after Britain's Labour opposition pulled out of key talks with Prime Minister Theresa May.
Pound steadies as London seeks new Brexit delay
5 Apr 2019
The British pound steadied Friday after London requested another Brexit extension in the long-running saga, while global stocks mostly rose on hopes over China-US trade talks.
Pound rises versus dollar on May's Brexit gamble
3 Apr 2019
The British pound rose against the dollar Wednesday after Prime Minister Theresa May offered cross-party talks with the leader of the opposition Labour Party, Jeremy Corbyn, in a political gamble aimed at resolving the Brexit impasse.
Pound rebounds above $1.32 on Brexit deal hopes
26 Mar 2019
Sterling rallied above $1.32 on Tuesday on fresh hope that British Prime Minister Theresa May would avoid a chaotic no-deal Brexit, while global stock markets recovered.
Pound up but still faces pressure after Brexit delay deal
22 Mar 2019
The pound rose Friday but was struggling to claw back its latest losses after the EU gave Britain a Brexit deadline extension, while equity markets were boosted by a positive lead from Wall Street.
Brexit delay request sends pound reeling
20 Mar 2019
The pound fell sharply on Wednesday after British Prime Minister Theresa announced it was seeking a delay to its exit from the European Union until June 30, while investors awaited the US Federal Reserve's interest rate call.
Pound in doldrums at start of hectic Brexit week
11 Mar 2019
The British pound sank Monday to a near three-week low under $1.30, as traders fretted over Brexit on the eve of another critical parliamentary vote for Prime Minister Theresa May.