by Christopher Nye | Oct 16, 2019
News that the Democratic Unionist Party has rejected Boris Johnson’s Brexit deal “as things stand” has sent the pound lower this morning. The EU summit will take place today, when EU leaders may formally approve a revised Brexit deal. However, due to...
read more
by Christopher Nye | Oct 16, 2019
The dollar was looking strong against the euro and weak against the pound yesterday, with caution regarding trade deal developments capping any gains. The optimism surrounding the US-China trade talks continues to wane, as uncertainties surrounding the phase one deal...
read more
by Christopher Nye | Oct 16, 2019
The euro looked weak against both the pound and the dollar yesterday, as positive Brexit rhetoric failed to lift the single currency. The ZEW Indicator of Economic Sentiment for Germany was relased yesterday, which fell 0.3 points from a month earlier to -22.8 in...
read more
by Christopher Nye | Oct 16, 2019
The pound reached a five month high against the dollar yesterday, as the currency continues to find strength on hopes of a Brexit deal. The EU’s chief negotiator, Michel Barnier said it was “time to turn good intentions into legal text”, in order for the EU to back...
read more
by Christopher Nye | Oct 16, 2019
The pound reached a five month high yesterday, on the back of comments from the EU’s chief negotiator, Michel Barnier, which suggested that a Brexit deal could be achieved this week. However, as we enter the last day of negotiations, sterling has fallen over worries...
read more
