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The European Central Bank looks set to announce the end of its QE stimulus programme today, as President Mario Draghi and co. have previously indicated.

Amidst the ongoing Brexit hullaballoo (latest headlines suggest Theresa May will survive her no confidence vote as we go to press), tomorrow’s ECB meeting has no doubt snuck up on many FX traders.

As far as the US CPI is concerned, this will be the last piece of major news before the Federal Reserve’s rate decision next week. So, unless it shows a surprisingly strong or surprisingly weak reading, it is unlikely to have any meaningful impact on the decision of the FOMC when it comes to monetary policy.

The pound initially fell on the back of the inevitable news that the UK Prime Minster was facing a vote of confidence this evening. However, Sterling then rebounded as several ministers came out and voiced their support for Theresa May.

The Federal Reserve’s last policy meeting for the year will be on December 19-20, when the FOMC is most likely to vote for another 25-basis point rate increase.

Over the last couple of days, we’ve covered the drama surrounding the vote on Theresa May’s Brexit bill, from last week’s resignation threats, to rumors of its cancellation, to confirmation of its cancellation. With May presently in Brussels negotiating with EU policymakers, the postponed “meaningful vote” is now slated to be held in the New Year, s...

It has been a hectic start to the new trading week. Brexit-related headlines and the pound garnered most of the attention, although we have also seen some sharp moves in the likes of the USD/JPY and equity indices.

As we hinted both last week and earlier today, the Parliamentary vote on Theresa May’s Brexit plan has been on its last legs for a while now. In a speech at the House of Commons, the Prime Minister delivered the coup de grâce this afternoon, cancelling tomorrow’s vote and vowing to return to Brussels to renegotiate the controversial Irish border bac...

The GBP/USD has dropped to its session lows while the EUR/GBP has hit 0.9000 on the back of news reports that UK Prime Minister Theresa May is going to delay Tuesday’s parliament vote in order to avoid a huge defeat.

Next week is unquestionably one of the most exciting times you will see in the markets particularly for the GBP/USD and pound crosses as we will have the all-important UK parliamentary vote on the Brexit deal coming up.

According to a report from The Guardian, PM Theresa May could see more government resignations ahead of Tuesday’s Parliamentary vote on her Brexit deal if the Irish backstop is not amended.