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Pound weakens as Frost says EU offer not acceptable

The pound has weakened against the euro after yesterday morning’s optimism. David Frost, speaking to Parliament, said that the EU’s position on fisheries would still not ‘lead to an agreement’, and stated again that the UK government will not seek an extension to the...


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USD: Housing market unexpectedly positive

The dollar was given an unexpected boost against the pound yesterday after housing figures came in better than expected. New home sales, expected to continue to decline month on month, in fact returned to the positive, while the S&P/Case-Shiller House Price index...


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Rumours of trade talk progress help pound

The pound was given a boost yesterday against the euro by rumours of a breakthrough on fisheries in the Brexit talks, after the was EU was said to be willing to make concessions if the UK does too. Meanwhile, in a reminder of the uncertainty lying ahead, the ECB is...


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