by Christopher Nye | Dec 16, 2019
The pound had a strong day on Friday after the Conservative Party secured a comfortable majority in the general election. Believed to be the outcome that will solve the Brexit impasse, the pound strengthened to three-year highs against the euro and to nearly two-year...
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by Christopher Nye | Dec 16, 2019
The pound hit a three-year high against the euro last week, following the UK election result. Today, as MPs begin to return to Westminster before electing the Speaker tomorrow, the pound is still strong on optimism over a resolution to Brexit. Sterling’s gain was...
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by Christopher Nye | Dec 16, 2019
The pound bounced up in early trading this morning, as the aftershocks of the General Election continued to be felt through the currency markets. On Thursday night we hit a three-year high against the euro within 5 minutes of the exit poll showing a decisive...
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by Christopher Nye | Dec 13, 2019
The dollar strengthened yesterday as President Trump tweeted to say that the US are very close to securing a trade deal with China. The markets reacted to this renewed optimism on the hope that a phase one agreement may be reached before a scheduled tariff increase...
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by Christopher Nye | Dec 13, 2019
Christine Lagarde chaired her first monetary policy meeting yesterday, announcing that interest rates would be held at their all-time low rate of zero, and hinted at further cuts, saying ‘The Governing Council expects the key ECB interest rates to remain at their...
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