Business

The GBP/USD exchange rate is currently trading at $ 1.2645, having climbed roughly 0.3 percent from today’s opening levels following upbeat comments from the EU’s chief Brexit negotiator Michel Barnier. Sterling initially surged as M Barnier told EU ministers in Luxembourg that securing a Brexit deal this week would “be difficult” but “still possible”. Daily Express :: City and Business ...

The pound jumped to a five month high against the euro this afternoon with the pairing currently trading at around €1.149 as a fresh wave of Brexit optimism and upbeat comments from the European Union’s chief negotiator sparked investor confidence. Michel Barnier said that while a “narrow path” exists to achieving a Brexit deal this week, it was “time to ...

THE head of one of the world’s largest cryptocurrency exchanges has slammed US senators as “un-American” over their attempts to stop Facebook’s Libra crypto project in its tracks. Facebook announced in June that it planned to launch its own cryptocurrency to its two billion worldwide users under a newly-formed umbrella organisation called Calibra. Daily Express :: City and Business Feed

A NO-DEAL Brexit could spark the same kind of global crash that came after the 2016 EU referendum, financial experts have warned. Daily Express :: City and Business Feed

The pound euro exchange rate eased today, with the pairing currently trading around €1.140 following today’s Queen’s Speech. In the formal address, which is largely a vehicle for the government’s policy announcements, the Queen reiterated her Government’s priority to leave the EU on October 31. Daily Express :: City and Business Feed

The pound slumped against the US dollar this afternoon, with the pairing currently trading around $ 1.261 after the pound surrendered some of last week’s gains following a deceleration in UK-EU negotiations. Daily Express :: City and Business Feed

LORD Mark Price, former Waitrose managing director and trade minister, has returned to retail with the launch of an online business expertise hub, the Engaging Works Business Library. Daily Express :: City and Business Feed

The pound jumped more than 1 percent against the euro today, with the pairing currently trading around €1.142. In a largely headline driven market, the pound rallied against the single currency as European Council President Donald Tusk said he had received “promising signals” from Irish Taoiseach, Leo Varadkar. Daily Express :: City and Business Feed

The pound US dollar exchange rate soared by over 1.9 percent today, with the pairing currently trading around $ 1.264 after the EU’s Chief Brexit Negotiator, Michael Barnier described a “constructive meeting” with the UK Brexit Secretary Steve Barclay. Today also saw the EU27 give the greenlight on “tunnel” negotiations ahead of the EU summit next week. Daily Express :: ...

THE BRITISH pound rocketed against the euro and the US dollar amid hopes the UK will secure a Brexit agreement with the European Union before the scheduled deadline at the end of the month. Daily Express :: City and Business Feed