The British pound spiked around 3 percent against the U.S. dollar on Tuesday, after Prime Minister Theresa May outlined her plan for a clean break between the United Kingdom and the European Union.
more| 17 Jan 2017 13:39 | Wall Street Journal |
Politics is replacing economic data as the main driver of daily moves in the British pound. In a reversal from how most developed-world currencies mainly trade, good economic news often hits the pound while bad data can boost it.
more| 17 Jan 2017 09:13 | Bloomberg |
Bloomberg's Richard Jones reports on the British pound's surge after a speech by U.K. Prime Minister Theresa May. Jones speaks on "Bloomberg Daybreak: Americas.
moreThe British Pound pushed higher Tuesday as UK Prime Minister Theresa May said that the UK will leave the Single Market, leaving no doubts about a 'hard' Brexit ahead.
more| 17 Jan 2017 05:57 | Investing.com |
Those who traded yesterday's consolidation in the GBP/USD had to struggle with volatile but choppy price swings, generating only losses ahead of today's key event risk.
moreThe British pound has traded a bumpy ride since the Brexit result with the currency trying to recover (watch 1.30 as the bias setter) but not coming close to restoring 1.35+, which would be needed to suggest a bottom might be in place.
more| 15 Jul 2016 11:27 | Bloomberg |
Bloomberg's Richard Jones reports on the performance of the British pound. He speaks on "Bloomberg Markets." (Source: Bloomberg).
more| 15 Jul 2016 07:56 | Toronto Star |
The British pound headed for its best week since 2009 against the U.S. dollar after the appointment of Theresa May as Prime Minister returned a sense of political stability to the U.K.
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