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Pound breezes along as Brexit becalmed

The weekend’s newspapers brought the usual competing political claims, each of which seems more or less astounding when you think about it. The Prime Minister might ignore the law, the Liberal Democrats would simply ignore the Referendum and just cancel Brexit...


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USD: Dollar mixed after Saudi oil attack

The dollar is looking mixed this morning after an attack on Saudi Arabian oil facilities disrupted global oil supply, causing the price of oil to jump by more than 15%. The US have issued satellite data to back it’s claim that the strike was initiated by Iran....


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GBP: Sterling hits highest level since July

Sterling climbed to its highest level since July versus the dollar on Friday, as optimism for a Brexit deal took hold. Firstly, there were reports that the DUP was prepared to allow Northern Ireland to retain certain EU laws after Brexit, possibly acting as a...


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Johnson to meet with Juncker

Muted optimism for a potential Brexit deal helped to strengthen the pound to its highest level since July at the end of last week, as reports emerged that the DUP might be more willing to compromise on border issues, and Angela Merkel told reporters that there was...


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