Currencies Archives - Page 3 of 9

January 24, 2019March 5, 2019

Sterling bulls expect Brexit deal or delay

Could the year’s surprise be Parliament’s acceptance of Theresa May’s Brexit deal? Perhaps that is why currency traders are buying the pound.

Currency and stock markets are betting that the UK will avoid crashing out of the European Union with … Read the rest

January 2, 2019January 4, 2019

Free parliamentary vote on Brexit preferable to referendum

THE New Year begins with the British parliament in gridlock over Brexit. With fewer than 90 days until the UK leaves the European Union on March 29, this impasse is bad both for democracy and the economy.

The way out … Read the rest

November 30, 2018January 23, 2019

BOE, businesses & unions place want MPs to accept May’s Brexit deal

A no-deal Brexit scenario could cause a deep recession, rise in unemployment and further sterling devaluation

In a scenario analysis of the Brexit economic risks, the Bank of England and the UK Treasury said Prime Minister Theresa May’s deal is … Read the rest

November 22, 2018January 4, 2019

UK could slide into recession if it crashes out of the EU- OECD

Given that the polls are now behind Prime Minister Theresa May and Brexitiers are in disarray, Parliament may eventually vote for an amended deal. Despite that, Brexitiers and the Labour Party could precipitate a no deal crash.

The Organisation For … Read the rest