by Christopher Nye | Oct 3, 2019
Sterling rose slightly yesterday as Boris Johnson revealed his proposals for Brexit. However, the pound is weak again this morning. The plan, which has been sent for the EU’s consideration, would see Northern Ireland stay in the single market for goods, but leave the...
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by Christopher Nye | Oct 3, 2019
The pound strengthened yesterday as Boris Johnson announced his proposals for Brexit, with plans for Northern Ireland remaining in the single market for goods, but leaving the customs union. However, sterling is weaker this morning. The government’s hope is to secure...
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by Christopher Nye | Oct 2, 2019
What a difference three days makes. On Monday, I said how there was so much more than Brexit in the headlines – GDP figures, speculation over the BoE governor – but today, all of that will be overshadowed as the government publishes its new Brexit proposals. Will it...
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by Christopher Nye | Oct 2, 2019
The dollar was strong against the pound and the euro yesterday, despite a surprise dip in manufacturing activity. The ISM Manufacturing figure fell to a 10 year low, tumbling to 47.8 and missing expectations of a rise to 50 from 49.1. This fall is reportedly a...
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by Christopher Nye | Oct 2, 2019
Euro has started the day stronger against the pound, as objections to the UK’s Brexit plans began even before any publication. It was also boosted by stronger-than-expected German manufacturing figures, providing some positive news an economy largely seen as troubled...
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