by Christopher Nye | Feb 4, 2020
The pound weakened against the euro and the dollar yesterday, heading to its biggest slump in six weeks against the greenback on renewed fears of a hard Brexit. Clashing statements from both the EU and the UK have cast doubt over the success of upcoming...
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by Christopher Nye | Feb 4, 2020
The pound came under pressure last night after Boris Johnson raised the prospect of the UK returning to World Trade Organisation rules, if the EU does not offer a ‘Canada-style’ trade agreement. The EU so far has said that it is willing to offer an ‘ambitious’ trade...
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by Christopher Nye | Feb 3, 2020
It’s official: the UK is no longer a member of the European Union. However, as so many commentators have underlined over the last few days, nothing much has changed in practical terms. The transition period extends for another eleven months and EU rules and rights...
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by Christopher Nye | Feb 3, 2020
The dollar weakened further on Friday afternoon, after Chicago PMI data pointed to further decline in Manufacturing. The figure came in at 42.9, missing expectations of 48.9. Personal Income missed expectations, whilst Personal Spending came in as expected but failed...
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by Christopher Nye | Feb 3, 2020
The European Union official said its ‘goodbyes’ to the UK last Friday, with Ursula von der Leyen saying it was a ‘very emotional day’ but that ‘strength does not lie in splendid isolation.’ However, for all intents and purposes, little changes until 31st December, and...
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