Theresa May to seek short Brexit extension

The pound strengthened on hopes of a softer Brexit, as Theresa May revealed last night that she would seek a short extension from the European Union. The Prime Minister intends to meet Jeremy Corbyn to come to a consensus on the plan for exiting the EU, although she...


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Pound boosted by spirit of co-operation

The pound reacted positively to Theresa May’s speech yesterday, in which she offered to work with Jeremy Corbyn and the Labour Party to reach a workable version of Brexit before the next “crashing out” date of 12th April. Hence we are still at the upper end of the...


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Another day, another vote!

Another day, another vote! It really is a great time to make that overseas purchase or transaction. That may not last, so do speak to me about locking in that rate for the year ahead via a Forward Contract. Now, we realise at Smart that large currency transactions are...


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USD: Dollar benefits from Brexit uncertainty

The dollar was close to its highest in nearly three weeks this morning, as the rising uncertainty of Brexit hit both the pound and the euro. The dollar weakened against the euro yesterday as US retail sales unexpectedly dropped 0.2% in February. This data once again...


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