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Britain on Allowing Huawei 5g Usage

In a news report, Nicky Morgan indicated that Britain will still decide whether to let Huawei’s equipment be in use to its 5G networks...

Pound Received Support Yesterday from UK House Data

The recently released data from the UK house sales report gave the British pound some hopes in yesterday’s trading session. The data showed a...

Pound Regains its Strength in Monday’s Sessions

The British pound currency regained much needed strength in trading sessions. The support came from the bounce back of the U.S. Treasury yields and...

Oil Prices Recover in Thursday’s Sessions

Crude oil and petroleum prices made a recovery in today’s trading session. Both US WTI crude oil and Brent oil futures took a dip...

Euro Weakens on Pessimistic Economic Outlook

The euro slipped to a new two-week low against the dollar during the early trading in Europe, with traders expecting more pessimism over the...

Dollar Hovers Near 2-Week Highs, China GDP Disappoints

The dollar held firm near a two-week high against a basket of six other currencies on Monday, with investor risk appetite help up in...

Pound Retains Gains after British PM Wins Confidence Vote

The pound held onto most of its previous session’s gains on Thursday after British Prime Minister Theresa May survived a no-confidence vote, buying time to try to steer her unpopular Brexit deal through a deeply divided parliaments. Read more here!

More Worries Await ECB, Dimmer view on Growth

The European Central Bank is still uncertain to formally end its generous bond purchase scheme on Thursday, but will take an increasingly dimmer view on growth. Read more here!

British Pound Plummet on Brexit Vote Postponement

The British pound hovered near 20-month lows against the dollar on Tuesday after British Prime Minister Theresa May postponed an important vote on Brexit deal. Read more here!

British PM Theresa May Postpones Brexit Parliamentary Vote

British Prime Minister Theresa May on Monday cancelled a parliamentary vote on her Brexit deal to seek more concessions but the European Union refused to renegotiate and lawmakers doubted her chances of winning big changes. Read more here!