Brexit

It’s only May, but 2020 has already felt like a year to some. With life drastically changing in a matter of weeks because of the coronavirus, the near past feels distant as people anxiously wait for the pandemic to end. The year kicked off with an eventful first quarter even before a pandemic...

In the wake of the United Kingdom's withdrawal from the European Union (EU) on January 31, a sense of uncertainty has loomed over the European continent and beyond. Perhaps Brexit's largest impact will concern economic and trade-related issues.  Keeping a close eye on Europe's changing economic...

The United Kingdom will officially leave the European Union on Friday at 6 p.m. Eastern time, as Prime Minister Boris Johnson promises Brits a "new dawn." The Brexit process follows more than three years of political wrangling. The pound sterling is showing very little movement...

The United Kingdom's exit from the European Union is set to happen next week, as the country's parliament assented to the withdrawal agreement bill proposed by Prime Minister Boris Johnson on Wednesday. What Happened The U.K.'s constitutional monarch Queen Elizabeth II will sign the...

Facebook Inc. (NASDAQ: FB) is hiring another 1,000 employees in its UK offices, Reuters reported on Monday. What Happened The California-based social media behemoth will hire across different departments, such as product management, software engineering, data science, and "...

German Chancellor Angela Merkel said Europe should stop viewing China as a systemic rival and avoid coming “under pressure between America and China.” What Happened Europe should maintain a close relationship with China and avoid involvement in the ongoing U.S.-China trade war,...

Meghan Markle, the Duchess of Sussex and former actress, has signed a deal with The Walt Disney Company (NYSE: DIS) for voiceover work, The Times U.K. reported on Saturday. What Happened Disney will make a donation to the wildlife charity Elephants Without Borders in exchange, and Markle will make...

There are "profound problems" in the way the U.K. makes the most important state decisions, and "unusual people" and "weirdos" can help solve them, according to Prime Minister Boris Johnson's key aide. What Happened In a blog post on Thursday, Chief Special...

  Image by TeroVesalainen from Pixabay

Since winning the U.K. general election Dec. 12, Prime Minister Boris Johnson has been busy renegotiating a Brexit deal. Johnson took over from Theresa May in July.  Next Steps For Brexit  The U.K. government has said a Brexit deal has been agreed to in principle with the...

GBP/USD Current Price: 1.3117 UK Parliament will resume debating the Withdrawal Agreement Bill next Tuesday. Long holiday ahead with no data scheduled to be released in the UK. GBP/USD technically bullish in the short-term, battling with critical Fibonacci level. The GBP/USD pair benefited once...

If and when the U.K. completes Brexit and leave the European Union in 2020, it will most likely take Europe’s biggest capital market — London — with it. A growing list of European cities are battling to become the next big European financial hub....

The UK is at the “end of the queue” among the countries waiting to reach a data flows agreement with the EU, according to Financial Times. What Happened Discussions over the future trade relationship between the UK and the EU in the aftermath of Brexit is scheduled to start in 2020. But...

EUR/USD Current Price: 1.1126 Trump’s impeachment adding to persistent Brexit and trade deal uncertainty. US data missed the market’s expectations, preventing the dollar from appreciating. EUR/USD holding within familiar levels, but at risk of diving. The EUR/USD pair has extended...