by Christopher Nye | May 22, 2019
Euro strengthened against the pound this morning, as the latter fell on fears over Brexit, with May’s concessions on her Withdrawal Agreement attracting criticism from both her own party and the opposition. A push to oust May could also see a more Eurosceptic leader...
read more
by Christopher Nye | May 22, 2019
The pound has weakened this morning after the Prime Minister revealed her new plan for leaving the EU. Prior to the speech, sterling soared on hopes that she would announce a possible second referendum, but soon dropped as she revealed her revised plan. The plan does...
read more
by Christopher Nye | May 22, 2019
Sterling dropped this morning after Theresa May revealed her changes to her Brexit plan – dashing hopes that she would announce a second referendum, which had caused the pound to soar before her speech. The Withdrawal Agreement remains unchanged and, amid opposition...
read more
by Christopher Nye | May 21, 2019
The dollar has hit a three-week high this morning, after the Federal Reserve Chairman Jerome Powell argued against cutting interest rates due to a high level of corporate debt. In US-China trade news, US officials have said that they will put a series of exemptions in...
read more
by Christopher Nye | May 21, 2019
It’s a relatively calm day today as the markets await a busy end to the week with ECB minutes and European elections. The eurozone’s current account figures were released yesterday, showing a narrowing of the current account surplus year-on-year, from €42.9 billion to...
read more
