by Christopher Nye | Jun 27, 2019
Sterling is up against both the pound and the euro this morning. This is possibly due to another comment from Boris Johnson, in which he has said that the odds of a no-deal Brexit are a “million-to-one against” and “vanishingly small.” This seems to contradict with...
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by Christopher Nye | Jun 27, 2019
The pound was up this morning following another seeming change from Boris Johnson, who stated that the chances of a no-deal Brexit were ‘vanishingly small’ – in contrast to saying it was ‘do or die’ the day before. He also acknowledged that his plans in the case of...
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by Christopher Nye | Jun 26, 2019
The dollar strengthened yesterday and is still up against the pound this morning, following scheduled speeches from FOMC members. They took a ‘less dovish’ stance to interest rates than expected, however, a rate cut is still expected to be announced next month. In...
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by Christopher Nye | Jun 26, 2019
The euro is continuing to benefit from Brexit uncertainty keeping the pound low, as Boris Johnson said the 31st October deadline would be kept, ‘do or die, come what may’. German consumer confidence came in lower than expected, but, with Brexit pressure on the pound,...
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by Christopher Nye | Jun 26, 2019
The pound has weakened against both the dollar and the euro as the increasing possibility of a no-deal scenario continues to weigh. Latest developments in the Conservative leadership race have done no favours for sterling, with Boris Johnson and Jeremy Hunt divided on...
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