by Christopher Nye | May 17, 2019
Sterling reached new lows yesterday as it headed for its worst run in almost 15 years, and is under increasing pressure today. This has been spurred on by reports that the Prime Minister will step down if she cannot get her bill through the House of Commons next...
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by Christopher Nye | May 17, 2019
The pound is low as worries of a hard or even no-deal Brexit resurface. The likelihood of the Implementation Bill passing through Parliament in June is slim, while the likelihood of an increased gain for Eurosceptics in the European elections next week seems more and...
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by Christopher Nye | May 16, 2019
The dollar is strong against the pound and choppy against the euro this morning. This is largely due to the pound’s weakness and the euro making some gains on the back of expectations that Trump will delay auto industry tariffs for up to six months. President Trump...
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by Christopher Nye | May 16, 2019
The euro is up against the pound this morning following comments from multiple MPs that Theresa May’s deal is unlikely to pass through Parliament in June. Euro also strengthened against the dollar as the US indicated that it would likely hold off car tariff hikes for...
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by Christopher Nye | May 16, 2019
Sterling hit a three month low yesterday and remains weak this morning as comments from various MPs confirmed that it’s unlikely that the Prime Minister’s Brexit deal will get through Parliament in June. The Labour Party said that it would not support the deal if a...
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