by Kiran Najran | Apr 2, 2019
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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by Christopher Nye | Apr 2, 2019
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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by Christopher Nye | Apr 2, 2019
Euro strengthened against the pound last night, as MPs in the British Parliament failed to declare a majority for any of the indicative votes. Manufacturing PMI and unemployment came in as expected yesterday, although manufacturing is showing a downward trend month on...
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by Christopher Nye | Apr 2, 2019
Yesterday evening, MP’s voted on a series of four alternative Brexit options, commissioned by Speaker John Bercow. However, once again nothing could be decided on, and none of the options received a majority. Sterling slipped last night as a result. The announcement...
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by Christopher Nye | Apr 2, 2019
MPs held a second round of indicative votes yesterday evening, considering Brexit options such as common market 2.0, parliamentary supremacy, a second referendum and a customs union. However, once again none of them commanded a majority, and so we still find ourselves...
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