Business > Market

Two drivers mean that the pound is set for a blockbuster finish to 2018

4 monthes ago   |   By Business Insider

Theresa May's push towards a softer Brexit should boost the pound significantly.
Markets are enamored by the softest Brexit possible, so her Chequers agreement and the subsequent white paper on Brexit are traders' ears.
A likely interest rate hike from the Bank of England should also provide support for the pound.
Some analysts now forecast that the pound could rise as high as 1.41 against the dollar by the end of the year, an increase of close to 7% from its current level.
LONDON - Theresa May this week made it as clear possible that she wants Britain to pursue a soft Brexit, keeping the...
Read more ...

 


Search by Tags

   Market  


Trump Inauguration Committee Under Criminal Probe: WSJ

Trump Inauguration Committee Under Criminal Probe: WSJ

President Trump's inaugural committee is the subject of a criminal probe by federal prosecutors, according to an exclusive Wall Street Journal report released Thursday. Sources... Read more ...

Trump Defends Hush-Money Payments In Fox News Interview

Trump Defends Hush-Money Payments In Fox News Interview

The president says he never directed his onetime personal attorney Michael Cohen to do anything wrong. Cohen pleaded guilty Wednesday to making illegal payments before the 2016... Read more ...

Reports: French police kill suspected Christmas market shooter

Reports: French police kill suspected Christmas market shooter

French police have stopped the suspect of the Strasbourg attack, according to reports. Read more ...

DOJ veterans say Trump's latest defense in the Michael Cohen case is rarely...

DOJ veterans say Trump's latest defense in the Michael Cohen case is rarely successful and could spectacularly backfire on him

President Donald Trump took to Twitter Thursday to assert his innocence after his former lawyer, Michael Cohen, admitted to violating campaign-finance laws at his boss's... Read more ...

Accused Russian agent Maria Butina pleaded guilty to engaging in a...

Accused Russian agent Maria Butina pleaded guilty to engaging in a conspiracy against the US

Suspected Russian agent Maria Butina pleaded guilty Thursday to engaging in a conspiracy against the US. Butina has long been suspected of working with a high-ranking Russian... Read more ...

Man arrested after shooting, killing 'intruder' who was coming to collect...

Man arrested after shooting, killing 'intruder' who was coming to collect money for drugs

Detectives later learned the "intruder" was a drug dealer and he was coming to collect a debt owed for methamphetamine, police said. Read more ...

Apple threw shade on Amazon with the stealthy selection of its very own HQ2

Apple threw shade on Amazon with the stealthy selection of its very own HQ2

Apple announced on Thursday that it is spending $1 billion on a new campus in Austin, Texas . Its stealthy process of selecting the campus contrasted with Amazon's drawn-out... Read more ...

Bitcoin tumbles after bomb threats that were emailed across the US demanded...

Bitcoin tumbles after bomb threats that were emailed across the US demanded it for ransom

The New York Police Department said the bomb threats that have been reported around the country Thursday afternoon were emailed by someone demanding bitcoin. Following the... Read more ...

Armored car crash causes chaos as money blows across highway

Armored car crash causes chaos as money blows across highway

This is a new kind of cash flow. An armored car crash caused money to fly around a New Jersey highway Thursday morning - prompting further accidents as drivers chased the loot... Read more ...

The top 25 worst passwords of 2018 based on 5 million leaked passwords on...

The top 25 worst passwords of 2018 based on 5 million leaked passwords on the internet

Password management company SplashData releases an annual list of the top 100 worst passwords of the year. This year's list shows that people are still using the worst password... Read more ...