UK Economy

british pound

The British pound hit nine-week record

According to the latest news, the British pound increased in early London trading on November 9 after hitting a nine-week record against the greenback overnight. Additionally, Decomrat Joe Biden’s victory in the Units States Presidential elections saw global markets at new highs and riskier currencies boosting. Remarkably, global equities increased, and the dollar index dropped …

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British Pound, UK

UK Government Preparing For No-Deal Brexit, While The Pound Rallies

 The GBP/USD currency pair later recovered even after the UK declared it was actively managing a no-deal Brexit position as the October 15 deadline approaches. The GBP/USD currency pair later surged even after the UK declared it was actively preparing a no-deal Brexit situation as the October 15 deadline nears. On Wednesday, the GBP/USD currency …

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