by Christopher Nye | Mar 26, 2019
Yesterday evening, MP’s voted to take control of Brexit. This paves the way for a set of indicative votes on Wednesday, which will look at alternatives to the Prime Ministers deal. The pound has strengthened moderately in reaction to this news. Sterling was steady...
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by Christopher Nye | Mar 26, 2019
The pound strengthened as MPs voted yesterday evening to take control of the parliamentary timetable and therefore Brexit, by 329 votes to 302. We can now expect a series of indicative votes on Wednesday, in which Parliament gives its say on a number of Brexit...
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by Christopher Nye | Mar 25, 2019
The dollar looked weak against the pound and strong against the euro on Friday, as the Brexit extension and German PMI data came into play. The euro’s weakness was a relief for the greenback, which had come under pressure earlier this week after the Federal Reserve...
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by Christopher Nye | Mar 25, 2019
The euro weakened on Friday against the pound as poor performance continues to plague the Eurozone, with German 10-year bond yield turning negative and manufacturing hitting a seven-year low. Analysts predict a further boost in individual government spending over this...
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by Christopher Nye | Mar 25, 2019
Despite a stronger spell on Friday, the pound is the weakest performer against most major currencies today as it feels the pressure of the latest Brexit developments. Prime Minister Theresa May is set to meet the Cabinet today to update them on her Brexit strategy,...
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