Saturday, 5 December 2020

Tag Archives: pound

Pound steady after EU Brexit extension

LONDON: The pound steadied versus the dollar and London’s stock market flattened on Monday after the European Union granted an extension to Brexit until the end of January. Around 1200 GMT, sterling was almost unchanged at $1.2826 compared with late in New York on Friday. London’s benchmark FTSE 100 stocks ...

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Pound climbs before vital Brexit vote

LONDON: The pound climbed solidly on Friday before a crucial vote on Britain’s Brexit future. Stock markets meanwhile rallied, with investors looking past a downgrade of US growth to focus on the next round of top-level China-US trade talks. Around 1200 GMT, the pound was up 0.4 percent at $1.3100, ...

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Asian markets turn lower, pound holds up against dollar

HONG KONG: Asian markets edged down as profit-takers stepped in following a recent run-up, while the pound maintained gains on hopes Britain will avoid crashing out of the European Union. While there were few catalysts to drive business and Wall Street was closed for a holiday investors are keeping tabs ...

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Asian markets build on trade optimism, pound faces pressure

HONG KONG: Asian markets enjoyed more gains as investors are cheered by the more conciliatory noises from China and the US on trade, while uncertainty over Brexit continued to pressure the pound. While the tariffs row between Beijing and Washington is far from being resolved, there is a lot more ...

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Pound Euro Exchange Rate Recovers from 8-Year-Low

LONDON: The Pound Euro exchange rate slipped yesterday as investors reacted to the latest Brexit uncertainties and tensions while the Euro benefitted from European Central Bank (ECB) speculation. However, the pair rebounded from its lows as markets anticipated upcoming data. GBP EUR dropped from 1.0944 to 1.0803 last week. Tuesday saw ...

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Sterling stunned by UK election shock, fallout limited elsewhere

PARIS: Sterling spiralled lower on Friday as British elections left no single party with a clear claim to power, sideswiping investors who had already weathered major risk events in the United States and Europe. With the majority of seats counted in the snap vote, British Prime Minister Theresa May had ...

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Pound recovering before Supreme Court ruling

LONDON: On Tuesday, the British Supreme Court will decide whether Parliament should vote to commence divorce proceedings from the European Union. Investors are welcoming this because above all they need one thing: certainty. A day before the Supreme Court’s decision of whether British Prime Minister Theresa May can start Brexit ...

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Pound falls ahead of Theresa May Brexit speech

LONDON: The pound has hit its lowest level for more than three months on reports Britain was set to quit the EU single market as part of its Brexit plans. Sterling fell below the $1.20 level before recovering slightly on Monday. The pound also dropped to a two-month low against ...

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Man charged with murder in slaying of D.C. actress

WASHINGTON DC: On Christmas Day, Tricia McCauley made a pie and prepared her signature Brussels sprouts to take to a holiday party with fellow members of the District’s theater scene. At 4:30 p.m., she posted on Facebook that she was on her way. She never showed for dinner. A frantic ...

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