USD: Strong economic releases strengthen dollar

Robust new home sales figures helped to boost the dollar against the pound and euro yesterday. Forecast at 647k, they came in slightly higher at 692k, in more evidence of the relative strength of the American economy right now. The dollar index, which measures it...


read more

GBP: Pound weakens on Brexit disillusionment

Sterling weakened to a two-month low yesterday amid disillusionment over the state of cross-party talks on Brexit. The Financial Times claims that Theresa May is planning another vote on her Brexit agreement within the next ten days, as compromise across the House...


read more

Pound weakens as Brexit talks stall

The pound has weakened on rumours of stalling Brexit talks. The Financial Times says that Theresa May is planning to hold a further vote in ten days, as progress on cross-party talks is not yet forthcoming. Strong economic data from the US helped strengthen the dollar...


read more