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...
read more
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...
read more
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...
read more
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...
read more
by Christopher Nye | May 16, 2019
The pound has hit a three-month low yesterday following widespread expectations that Theresa May’s deal will not pass through a further vote this June – meaning that yet more uncertainty is on the horizon. The euro benefited from sterling’s weakness, and...
read more