by Christopher Nye | Mar 22, 2019
The EU has granted Prime Minister Theresa May an extension until the 22nd of May on the condition that her withdrawal deal is approved by the 12th of April. The pound started the day today in a stronger position due to the fact that we have slightly more clarity over...
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by Christopher Nye | Mar 22, 2019
The pound strengthened this morning following the EU27’s agreement to a short delay to Brexit. Instead of May’s asked-for extension until June, the deal sees the default, no-deal date set to 12th April – but 22nd May if the Prime Minister’s deal does pass through...
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by Christopher Nye | Mar 21, 2019
Theresa May came out swinging at Downing Street last night, blaming the Members of Parliament for delaying the UK leaving the UK. Following yet another momentous day in British politics, with the Cabinet effectively falling apart, it seems that May sided with her...
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by Christopher Nye | Mar 21, 2019
It was an interesting day for the greenback, with the Federal Reserve’s interest rate decision and President Trump tweeting about extending the trade war against China. The Fed not only held rates steady, but indicated there would be no further interest rate increases...
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by Christopher Nye | Mar 21, 2019
While the single currency gained a cent against the GBP yesterday it also strengthened against the USD, reaching a six-week high yesterday. Today we have the Euro area Consumer Confidence Flash, which is forecast to hold steady at 01%. But as usual it will be Brexit...
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