by Christopher Nye | Dec 18, 2019
Yesterday, the pound weakened to pre-election lows and it is still low this morning as the government said it will try to illegalise an extension to the Brexit transition deadline. After leaving the EU on the 31st of January, the Prime Minister will have to negotiate...
read more
by Christopher Nye | Dec 18, 2019
The government said yesterday that it would seek to enshrine the transition date deadline in law, raising fears of the UK leaving without a trade deal. The pound weakened as a result, losing some of its gains of the past few days. Meanwhile, it’s a quiet day for data...
read more
by Christopher Nye | Dec 18, 2019
The pound took a dive yesterday as the Government made a bid to ensure that the transition period end date becomes law. It was yet another surprise to those who under-estimated Boris Johnson and figured that now the election was won and the Brexit Party neutered that...
read more
by Christopher Nye | Dec 17, 2019
The dollar was weak yesterday as it awaited further details of the US-China phase one trade agreement. It’s thought that despite China’s trade delegation expressing optimism for the deal, some officials remain cautious. The deal, which was announced on Friday, is the...
read more
by Christopher Nye | Dec 17, 2019
Euro saw a slight strengthening against the pound yesterday. Data releases showed a mixed bag, with Eurozone-wide and German services PMI coming in better than expected. The UK parliament is expected to vote (and pass) its Withdrawal Agreement Bill on Friday, and...
read more
