EUR: ECB press conference this week

The euro is fairly strong against the dollar and the pound this morning, ahead of the ECB’s press conference this Thursday. Whilst no major policy decisions are expected, recent euro strength, which was flagged as a concern by the ECB’s Chief Economist recently, is...


read more

GBP: Brexit tensions grow

The pound is mildly weaker this morning against the euro and the dollar as Brexit concerns weigh. Official negotiations resume this week and the Prime Minister is expected to announce today that, if a deal cannot be agreed on by the 15th of October, then the UK will...


read more

Brexit tensions weigh on sterling

The eighth round of Brexit negotiations is due to begin this week between the UK and the EU. Tensions between the two sides are rising, however, after reports that UK ministers are planning to override part of the Withdrawal Deal. More news on how negotiations are...


read more

A critical week for UK trade and residency

The pound fell overnight on the news of more Brexit trade talk problems. However it starts the week more or where it was this time last Monday against the euro and only about a cent down against the US dollar. Given where we are in the Brexit saga according to this...


read more

USD: Non-Farm Payrolls today

The dollar strengthened yesterday due to its safe haven appeal, after the ECB expressed worries about the rising euro. Some data from the US was released yesterday, however it did little to impact the greenback. Initial claims for state unemployment benefits totalled...


read more