by Christopher Nye | Oct 29, 2019
The EU has agreed to a three-month so-called ‘flextension’ to Brexit, by which terms the UK can leave at any point before that date if a deal is agreed. This came despite French opposition to a longer extension, which was favoured by countries closely linked to the UK...
read more
by Christopher Nye | Oct 29, 2019
The pound ended yesterday on a choppy note, as Parliament rejected the government’s motion for a 12th December general election, gathering just 299 votes in favour. One could well still be forthcoming, however, with the SNP and Lib Dems calling for 9th December. The...
read more
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...
read more
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...
read more
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...
read more
