by Christopher Nye | Sep 3, 2019
Talk of a general election and a possible Brexit extension has brought the pound to 34 year lows against the dollar, if the 2016 ‘flash crash’ is excluded. If MPs succeed in passing legislation through to block no-deal, it is thought that Boris Johnson could seek the...
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by Christopher Nye | Sep 3, 2019
The pound is under a lot of downward pressure this morning as Parliament resumes. Labour MPs and Tory rebels will put forward a bill today designed to stop a no-deal Brexit, but it will be a tight margin either way. Meanwhile, Boris Johnson insisted last night that...
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by Christopher Nye | Sep 2, 2019
Looking at the currency graphs over the past few years it’s easy to see when the school summer holidays occur because it’s precisely the point when the pound dips sharply. Not that correlation necessarily implies causation, of course. The falling pound in...
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by Christopher Nye | Sep 2, 2019
The dollar is looking strong against the pound and the euro this morning, offering little reaction to a fresh wave of tariffs on Chinese goods over the weekend. China has retaliated with tariffs on $75 billion of US goods. Despite this, President Trump has said “we...
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by Christopher Nye | Sep 2, 2019
The euro is on a slight uptick against the pound this morning, following manufacturing PMI releases from Spain, France, Germany and the Eurozone, all of which came in within expectations and showing a rise month-on-month. Later today, we will see a number of speeches...
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