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Disagreements remain in Brexit talks

As expected, remarks from both David Frost and Michel Barnier on the latest round of Brexit talks have confirmed that the two sides are still struggling to reach any kind of agreement. This has fuelled worries of a ‘no-deal’ scenario and has, therefore, weighed on the...


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USD: US-China tensions increase

The dollar remained weak against most major currencies yesterday, as positivity grew due to the EU’s coronavirus recovery fund. However, it is strong against the pound this morning after reports that tensions between the US and China are increasing. Yesterday, US...


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GBP: Rumours of no-deal impact pound

The pound was weaker against both the dollar and the euro yesterday, partly due to reports that the government is abandoning hopes of a Brexit trade deal with the EU. The global markets are also suffering due to US-China tensions, which hasn’t fared well with...


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Brexit news weighs on pound

Today, we expect to hear more news of how the latest round of Brexit negotiations has progressed. It doesn’t look promising, as recent reports of a possible no-deal have put pressure on the pound. However, Downing Street sources have denied that talks have...


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