by Christopher Nye | Jul 29, 2019
Sterling is weak this morning, hitting two-year lows against the dollar. This comes due to a weekend of rhetoric surrounding a no-deal Brexit. Boris Johnson unveiled a special Brexit cabinet committee tasked with handling preparations for a no-deal, which is now the...
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by Christopher Nye | Jul 29, 2019
The pound is down against the euro this morning, and has hit two-year lows against the dollar, as a no-deal Brexit seems more and more likely. Yesterday, speaking about the EU’s willingness to reopen negotiations on the withdrawal agreement, Michael Gove said that the...
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by Christopher Nye | Jul 26, 2019
US GDP data for the second quarter of 2019 is due to be released at 1:30pm today, and the dollar is looking strong ahead of this. The figure is forecast to come in at 1.8%. This is down from the first quarter, which came in at 3.1%. The GDP figure could determine the...
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by Christopher Nye | Jul 26, 2019
Euro is up against the pound this morning, recovering from a slight drop after the ECB said that it would increase stimulus measures and would likely cut rates, despite already being at historic lows. It seems likely therefore that, at the next meeting on 12th...
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by Christopher Nye | Jul 26, 2019
The pound is down against both the euro and the dollar this morning. This is possibly due to further uncertainty surrounding Brexit, following reports that EU officials have rejected Boris Johnson’s Brexit policy. The EU’s chief Brexit negotiator, Michel Barnier, said...
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