EUR: Euro awaits interest rate decision this week

Today, Vice-President of the ECB, Luis de Guindos, will give a speech, which could hint at the ECB’s stance ahead of their Interest Rate Decision announcement on Thursday. President of the ECB, Mario Draghi, will deliver his final press conference on Thursday before...


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GBP: Pound low as uncertainty continues

After an eventful weekend, the pound is low against the euro and the dollar this morning as uncertainty persists. Unexpectedly, there was no meaningful vote on Saturday. Instead, MPs voted to pass the Letwin amendment, which requires all legislative arrangements in be...


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Sterling lower ahead of eventful week

It’s thought that the government will again attempt to hold a meaningful vote on the Prime Minister’s Brexit deal today or tomorrow, after MPs instead voted in favour of the Letwin amendment on Saturday. The pound is lower this morning, and could be...


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So, Groundhog Day not D Day

It’s business as usual on the Brexit front this morning, with nothing settled on so-called Super Saturday. The government seems to think it “has the numbers” when the Prime Minister’s deal does finally come to a vote, perhaps this evening. But...


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USD: Rate cut expectations increase

Following poor retail sales on Wednesday, the dollar extended its losses yesterday due to growing expectations of an interest rate cut from the Federal Reserve. However, the greenback is up today against the euro and the dollar. Data released yesterday also showed...


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