Pound Above Lows Despite EU Warning No-Deal Brexit Most Likely Outcome

© Reuters. By Yasin Ebrahim Investing.com – The pound moved off session lows Friday despite the EU warning that a no-deal Brexit would be the most likely outcome as both sides are unlikely to reach a post-Brexit trade agreement by the Sunday deadline. fell 0.52% to $ 1.3222, though had been as low as $ […]

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Pound Traders Snap Out of Brexit Hope and Brace for Any Outcome

© Reuters. Pound Traders Snap Out of Brexit Hope and Brace for Any Outcome (Bloomberg) — Pound traders who were jolted by the reality that the U.K. could leave the European Union without a trade deal are rethinking their positions ahead of crisis talks in Brussels. The relative cost of hedging against a weaker pound […]

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Oil Snaps Rebound on Drag to U.S. Election Outcome, Stimulus 

© Reuters. By Barani Krishnan Investing.com – Crude oil prices slid Thursday as the slow-grinding vote in the U.S. election and too-close-to-call races between President Donald Trump and his challenger Joe Biden led to caution in the commodity sector’s most  politically-sensitive market. New York-traded , the leading indicator for U.S. crude, was down 31 cents, […]

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