by Christopher Nye | Mar 22, 2019
The dollar made a full recovery yesterday, after initially dropping due to the Federal Reserve’s decision to keep interest rates steady. The effect of their announcement was short lived, and the dollar quickly recouped most of the ground lost. The Fed left...
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by Christopher Nye | Mar 22, 2019
The euro weakened slightly this morning as sterling strengthened on confirmation of the EU’s plans to delay Brexit. European leaders, following eight hours of talks last night, have agreed to a short Brexit extension. If Theresa May’s withdrawal agreement does pass...
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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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