by Christopher Nye | Jul 1, 2019
The pound has started the week on a mixed footing, up against the euro and down against the dollar. Its volatility still stems from fears of a no-deal Brexit and uncertainty in Parliament. Jeremy Hunt, generally seen as a candidate for a softer approach to Brexit than...
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by Christopher Nye | Jul 1, 2019
Brexit fears are continuing to weigh on the pound, after Jeremy Hunt said Brexit would be ‘worth’ the risk to the economy. Today, he will outline his no-deal strategy, including cutting taxes and business rates. The US and China have reached a ‘truce’ on their trade...
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by Christopher Nye | Jun 28, 2019
The dollar is weak against both the pound and the euro as the G20 summit has got underway. President Trump and President Xi Jinping are due to meet tomorrow to discuss ongoing trade issues between the two countries, and hopefully finalise a deal. The summit is...
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by Christopher Nye | Jun 28, 2019
It wasn’t a positive day for the eurozone yesterday as business confidence figures dropped to their lowest levels since 2014. Production expectations, export order books and stock levels all showed negative figures. Consumer confidence also declined from -6.5 to -7.2,...
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by Christopher Nye | Jun 28, 2019
The pound is down against the euro this morning and stronger against the dollar. Sterling seems to be benefitting momentarily from the dollar’s weakness, however it is still feeling the pressure of a possible no-deal and the uncertainty in Parliament. Sterling was...
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