by Christopher Nye | Apr 5, 2019
The dollar edged higher yesterday as US jobless claims fell to a multi-decade low, providing optimism for Non-Farm payroll data which will be released later today. The data is expected to show that 180K new jobs have been created in March. The dollar also made gains...
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by Christopher Nye | Apr 5, 2019
The euro strengthened last night on the likelihood of a long extension to Brexit. Donald Tusk suggested that the best option could be a ‘flexible extension’ of up to a year, while Theresa May has just written to the EU to ask for an extension until 30th June. German...
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by Christopher Nye | Apr 5, 2019
Before making some gains this morning, the pound broke its three day rising streak yesterday afternoon as concerns of a long extension to Brexit increased. Prime Minister Theresa May has said a further postponement to the Brexit date is needed if the UK is to avoid...
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by Christopher Nye | Apr 5, 2019
Theresa May has just written to the European Union asking for a longer Brexit extension until 30th June. The move comes as Parliament narrowly voted to avoid a no-deal – but it will still be up to the European Union to accept the extension, and there will be...
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by Christopher Nye | Apr 4, 2019
Dollar weakened yesterday evening as optimism surrounding Brexit boosted the pound. It has also weakened against the euro this morning as a disappointing set of German Factory Orders appear to have little effect on the single currency. In another release of poor...
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