GBP: Pound low ahead of third vote

The pound continues to show weakness this morning as Conservative MPs prepare for the next round of votes today. In the ballot yesterday, Boris Johnson was once again ahead of the pack with 126 votes. Dominic Raab secured just 30 votes so was eliminated from the race....


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Sterling suffers as Boris storms ahead

Dominic Raab is the latest candidate to be knocked out of the Conservative leadership race, with Boris Johnson storming ahead once more. In a televised debate yesterday evening, Boris surprisingly seemed to soften his stance on leaving the EU without a deal. However,...


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Don’t take a flutter on your future

It’s the second day of Royal Ascot today. The heavy overnight rain will be playing havoc with the form book but that won’t worry the average punter, just out for a bit of fun. It probably won’t worry the people out there day after day, year after...


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EUR: Euro gains due to strong wage growth

The euro showed strength against both the pound and the dollar yesterday, and is still up today after strong wage growth data. For the first quarter, wage growth in the Eurozone rose at 2.5% and at the fastest pace in 10 years. This comes even as the manufacturing...


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