It’s Time for Pound Traders to Bone Up on European Politics

It’s Time for Pound Traders to Bone Up on European Politics

Trading the pound increasingly means tuning into the rest of Europe. With U.K. Prime Minister Theresa May having pledged to trigger the formal process for quitting the European Union by March, the cast of characters that will influence sterling just expanded. Formal talks can’t begin until Britain’s premier invokes Article 50 of the Lisbon Treaty, but […]

EU Withdrawal Process Pounds the Pound

EU Withdrawal Process Pounds the Pound

Back from the Australian Labour Day holiday long weekend (Come on you Sharkies!), but with no time to relax in the current market, we’re straight back into the major storylines of the week. GBP/USD dropped to three-decade lows set in the post-Brexit bloodbath, as new UK Prime Minister set a date to formally withdraw from […]