The only major economic data release from yesterday was the eurozone’s construction output for September. Figures released showed output rose by 4.6% from a year earlier in September 2018, following a downwardly revised 2.2% growth in the previous…
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The fireworks surrounding Brexit continued across the weekend and yesterday, with the Democratic Unionist party forcing its MPs to vote with Labour against the government’s finance bill. The DUP currently prop up May’s government and without the party’s…
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Today is another relatively quiet day, although on Wednesday we will see the European Commission’s decision on Italy which could cause some euro volatility. Last week, the Italian government defied a request to present a revised draft budget…
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After the substantial gains against sterling on Thursday, the dollar lost some ground on Friday, as investors closed their positions and waited for the next bout of fireworks. We could see some big dollar moves against the pound…
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It was a decent end to the week for the euro as it made some healthy gains against the dollar and made a little bit of ground against the pound. The previous day it made some significant gains…
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After Thursday’s significant losses against the euro and dollar, the pound actually managed to steady itself and even made some ground against the dollar. It didn’t quite make up for Thursday’s losses, but it was a move in…
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As crazy weeks go the last one is surely up there. Everything looked to be going OK for Theresa May, as she managed to convince her cabinet to support her Brexit draft agreement. However, the morning after, Dominic…
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It is more or less impossible to keep abreast of developments at the moment, with fresh headline-generating pieces of news being issued almost every minute of every day. Yesterday was extremely hectic on the floor, as well as…
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