by Christopher Nye | Jan 9, 2020
Sterling was mostly flat yesterday, but is choppy against both the euro and the dollar this morning. MPs continued to debate the Withdrawal Agreement and voted down three amendments – the Lucas amendment, the Dubs amendment (tabled by Labour), and the DUP amendment....
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by Christopher Nye | Jan 9, 2020
Boris Johnson and Ursula von der Leyen met in London yesterday to discuss upcoming trade talks. The EU Commissioner said that it will be impossible to get a comprehensive deal within the timeframe, but that they would have to work within priorities to try and get key...
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by Christopher Nye | Jan 8, 2020
The dollar remained strong yesterday, as risk appetite was subdued due to the US-Iran crisis. However, it weakened again overnight following retaliation from Iran, which involved firing a series of rockets at two US-Iraqi airbases. Iran said that they are considering...
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by Christopher Nye | Jan 8, 2020
Euro has started the day a little weaker against the pound, after a brief upward movement following positive retail sales data. Both monthly and yearly figures came in much better than expected, particularly helped by clothing, electronics and furniture sales. It...
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by Christopher Nye | Jan 8, 2020
The pound is strong against the euro and the dollar this morning, as the greenback weakened due to rising tensions in the Middle East. MPs returned to Parliament yesterday to start three days of debate on the Prime Minister’s withdrawal bill, which is expected to be...
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