by Christopher Nye | Oct 21, 2019
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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by Christopher Nye | Oct 21, 2019
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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by Christopher Nye | Oct 21, 2019
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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by Christopher Nye | Oct 17, 2019
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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by Christopher Nye | Oct 17, 2019
The euro was strong against both the pound and the dollar yesterday afternoon, reaching one month highs against the dollar. This came as the EU and UK managed to strike a Brexit deal and the dollar dropped due to growing expectations of a rate cut from the Federal...
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