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Deal between the DUP and May’s Conservatives expected within hours! UPDATE!

UPDATE 12:00 GMT UK PM May out with her statement post-deal with DUP 26 June DUP will support Conservative govt on Queen's Speech vote, budget,...

Carney Solidifies MPC Rift

“Now not the time to hike rates” The purpose behind the creation of the Monetary Policy Committee of the Bank of England and allowing autonomy...

Brexit Talks Get Underway

Momentous day overshadowed by U.K. turmoil It is hard to imagine following the result of the vote on June 23 last year that the day...

Softer Brexit to Support Sterling?

May forced to abandon manifesto pledges One benefit that could be derived from the debacle that was last week's election is that the Government may...

Sterling Loses Momentum As UK’s Election Race Tightens

GBP/USD peeked last Monday to 1.3043, boosted by PM May with her conservative party heading polls. But last week's terror attack on Manchester costed...

GBP Down After Morning Data

Although investors are waiting for 13:00 and the Bank of England meeting, in the morning we had some other data from the UK that...

Market Overview – Gambling with the World

Hi Everybody, It's not every day you see somebody do something that has a significant chance to plunge the entire world into chaos. That's exactly...

Election In UK Confirmed by Therese May

Theresa May in her statement issued at 10:15 GMT announced General Elections in UK Election to be held 8th June Government has the right plan...

GBPUSD Up After Mixed Inflation Data From UK

We just got to know March CPI and PPI from Great Britain. Although main indicator was higher than expectations, the rest of data caused...

GBP/USD Continues Declines From Beginning Of The Week – PMI Construction Results

On April 3rd we learned the results of industrial PMI for British economy, today the same indicator was published for the construction sector. The...

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