by Christopher Nye | Dec 23, 2019
If you’re someone who peers avidly at the currency charts – and if you’re about to make a major transaction abroad let’s just assume you are – then the last week will have been a particular horror show. The pound fell by around 3% against the euro, just when many...
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by Christopher Nye | Dec 23, 2019
The dollar had a fairly strong week last week after a series of positive data releases, making the chance of an interest rate cut more unlikely. US GDP was released, confirming that growth increased slightly in the third quarter of this year and came in as expected at...
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by Christopher Nye | Dec 23, 2019
After a choppy week, the euro finished Friday down against the pound and the dollar. Consumer Confidence for the euro area decreased by 0.9 points to -8.1 in December of 2019 from -7.2 in the previous month, missing market expectations of -7.0. This week is light on...
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by Christopher Nye | Dec 23, 2019
The pound finished the week in a strong position against the euro and the dollar after MPs voted to back the Prime Minister’s Withdrawal Bill, and sterling is still strong this morning. They voted 358 to 324, meaning that the bill received a majority of 124. MPs also...
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by Christopher Nye | Dec 23, 2019
At the end of last week, MPs backed the Prime Minister’s Withdrawal Bill with a majority of 124. They also passed a timetable to debate the bill further at the beginning of January. As the festive season is now in full swing, this week is light on data releases, but...
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