by Christopher Nye | Mar 12, 2019
Euro weakened yesterday evening as hopes on Brexit rose, with EC President Jean-Claude Juncker and Theresa May agreeing to a further legal instrument around the Northern Irish backstop issue. However, we’re none the wiser whether it will be enough to pass through the...
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by Christopher Nye | Mar 12, 2019
Sterling has spiked against the euro, hitting a 22-month high as Prime Minister Theresa May secures legally binding changes to the backstop. The Prime Minister flew out to Strasbourg yesterday evening to meet European Commission President Jean-Claude Junker, which saw...
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by Christopher Nye | Mar 12, 2019
It’s crunch time for Theresa May’s withdrawal agreement. The Prime Minister announced new ‘legally binding’ changes to the backstop issue after a last-minute meeting with Jean-Claude Juncker – and the pound hit a 22-month high as hopes rose. But will it be enough to...
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by Christopher Nye | Mar 11, 2019
After going from strength to strength last week, the release of the US Non-Farm Payrolls on Friday was the dollar’s undoing. Disappointing data revealed that just 20,000 new jobs were created last month, despite forecasts expecting the creation of around 180,000. This...
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by Christopher Nye | Mar 11, 2019
All eyes are looking forward this week, as the big event for the euro, like the pound, will be the meaningful vote on the Brexit deal in the House of Commons. At the moment, it looks unlikely that the withdrawal agreement will be much changed – and so it could well be...
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