by Christopher Nye | Oct 24, 2019
Uncertainty around Brexit – and the possibility of a General Election – continues, with the markets watching for any hint of how long any requested extension from the EU would be. Media reports expect the decision to be made on Friday, if consensus is found between...
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by Christopher Nye | Oct 23, 2019
Currencies usually move when something happens, or promises to happen. When Boris Johnson came back from Brussels with a deal, whether you think it a good deal or not, the pound rallied to one of its highest rates of the past three years. So surely when he got it...
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by Christopher Nye | Oct 23, 2019
The pound has been in negative territory this morning after two votes took place in the House of Commons yesterday. Parliament voted in favour of the Withdrawal Agreement Bill by 329 votes to 299. However, MPs rejected the Prime Minister’s plan to push through...
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by Christopher Nye | Oct 23, 2019
The dollar was strong against both the pound and the dollar yesterday, as Brexit events continued to weigh on sterling and the single currency. In US-China trade news, China’s Vice Foreign Minister, Le Yucheng, said progress was being made in discussions with the...
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by Christopher Nye | Oct 23, 2019
The UK government have ‘paused’ their Brexit bill, and so the EU must consider whether to grant an extension to the Brexit deadline. EU Council President Donald Tusk said that he would recommend that EU leaders back an extension, but didn’t say how...
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