by Christopher Nye | Jan 28, 2019
The euro ended the week on a high against the dollar and broke through the $1.14 mark several times throughout Friday. The moves came despite yet more disappointing data from the eurozone, as the Ifo business climate index for Germany dropped by 1.9 points to 99.1 in...
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by Christopher Nye | Jan 28, 2019
The pound has been the best performing currency over the past week, as investors are firm in their belief that the UK will not exit the EU without a deal. Of course, nothing is certain as yet, but as the saying goes ‘buy on the rumour, sell on the fact’ – and...
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by Christopher Nye | Jan 28, 2019
Sterling enjoyed another fine day on Friday as it posted its fifth consecutive day of gains against the dollar to climb firmly above the $1.31 mark. After Theresa May’s Brexit plans were roundly rejected by Parliament, it looked as if the pound might weaken, but there...
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by Christopher Nye | Jan 25, 2019
Theresa May came under more pressure to extend article 50 yesterday, as the leaders of the UK’s two biggest unions told her to delay Brexit. Both Unite’s Len McCluskey and Unison’s Dave Prentis, had separate meetings with the prime minister, explaining how...
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by Christopher Nye | Jan 25, 2019
On Wednesday, House speaker Nancy Pelosi told Trump that she would block him from delivering his State of the Union address in the House of Representatives chamber in Congress until the government has reopened. After insisting he would still deliver the address on 29...
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