Palpable Risk of a No-deal Brexit
The European Commission President Jean-Claude Juncker said that there is a “palpable risk” of a no-deal outcome when discussing the Brexit during a debate in the European Parliament. When referring… Read more »
Tag: NoDeal
KPMG forecasts no-deal Brexit recession in 2020
If Boris Johnson succeeds in ripping the UK out of the EU with no deal it’ll prompt the first UK recession in a decade. So says KPMG: knock-on effects to… Read more »
EUR/GBP Downtrend May Reverse if No-Deal Brexit Risks Spike
EUR/GBP, Brexit – TALKING POINTS EURGBP downtrend may reverse in coming week Brexit-related volatility may undermine chart set up Pair is now edging closer to critical July support level Learn… Read more »
Germany sees increased risk of no-deal Brexit due to lack of proposals for alternative backstop arrangement
Reuters reports, citing a government document dated 30 August ForexLive I don’t think that is all too surprising given the way negotiations have been panning out. As mentioned before, there… Read more »
Sterling rises after UK lawmakers win bid to try to block no-deal Brexit By Reuters
LONDON (Reuters) – Sterling gained in early London trading on Wednesday, as investors gave a cautious welcome to British lawmakers success in seizing control of parliamentary time to try and… Read more »
EU to use Solidarity fund to support EU countries hit by a no-deal Brexit
The EU Commission is proposing to use the European solidarity fund to help EU countries hit by Brexit in a no-deal scenario Reuters citing a document seen. More: Commission to… Read more »
British Opposition Eager to End No-Deal Brexit
The British Foreign secretary Dominic Raab commented that the only reason there has not been progressing on delivering the Brexit in an orderly manner is that the EU leadership senses… Read more »
Pound falls as UK government looks to stop parliament efforts to block no-deal Brexit
Cable slipped from 1.2270 to a low of 1.2220 ForexLive It’s going to be a massive row in parliament on 3 September next week. It looks almost certain that No…. Read more »
GBP/USD Price Action Shrugs Off No-Deal Brexit Threats
GBP/USD Price, Chart and Analysis: Mildly bullish chart set-up but GBP/USD remains fragile. Remainers threaten to back Jeremy Corbyn as interim PM. Q3 2019 GBP Currency Forecast andTop Trading Opportunities… Read more »
Corbyn Intends to Stop No-deal Brexit
The British Labour Leader Jeremy Corbyn called the leaders of the opposition to back him as a future Prime Minister to stop a no-deal Brexit. In a letter, he explained… Read more »