by Christopher Nye | Oct 29, 2019
It was a choppy day for the pound yesterday, up following the granting of a three-month Brexit extension. However, the government’s motion for a 12th December election were rejected yesterday, as they failed to get a two-thirds majority in the House of Commons. This...
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by Christopher Nye | Oct 28, 2019
I won’t even try to summarise what we can expect from British and European politics this week and how that would affect the pound. It gets very complicated, with the additional variable of a new House of Commons Speaker to replace John Bercow on Thursday, the...
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by Christopher Nye | Oct 28, 2019
The dollar was up against the pound on Friday afternoon as Brexit uncertainty continued to drive the markets. This week, the Federal Reserve will meet over two days to announce their decision on interest rates. The market is currently pricing in a third consecutive 25...
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by Christopher Nye | Oct 28, 2019
The EU has pushed back the announcement of the date of a further Brexit extension to early this week, as France continues to push for a shorter time period than the rest of the EU27’s favoured three-month deadline, favouring a November extensions. Leaders are meeting...
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by Christopher Nye | Oct 28, 2019
MPs will debate the possibility of a general election this afternoon, with a decision potentially as early as 17:00. However, it looks as if the government may not be able to get the two-thirds majority required – but one may still be on the horizon. While Boris...
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