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Pound Rises as Brexit Divisions Deepen

Tuesday, 19 February 2019 00:09 WIB pound Poundsterling

Sterling gained on Monday after registering three consecutive weeks of losses as investors waited for the outcome of Brexit talks between Britain and the European Union. A split in Britain’s opposition Labour Party - with seven politicians quitting on Monday in protest against Jeremy Corbyn’s leadership - will likely weigh on the pound as the move increases political uncertainty, according to MizuhoInternational. Meanwhile, Prime Minister Theresa May is leading a last-ditch diplomatic drive to persuade EU leaders to save her Brexit agreement as she faces a rebellion from Cabinet ministers who want to stop the UK leaving without a deal. The pound climbed 0.3 percent higher at $1.2929....

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Precious Metals

Gold prices edged higher on Monday, rising towards their best level since April as the U.S. dollar weakened on hopes the U.S. and China would hammer out an agreement resolving their protracted trade

CURRENCIES

Pound Rises as Brexit Divisions Deepen
Tuesday, 19 February 2019 00:09 WIB
Sterling gained on Monday after registering three consecutive weeks of losses as investors waited for the outcome of Brexit talks between Britain and the European Union. A split in Britain’s

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