by Christopher Nye | Nov 19, 2018
After the substantial gains against sterling on Thursday, the dollar lost some ground on Friday, as investors closed their positions and waited for the next bout of fireworks. We could see some big dollar moves against the pound in the next few weeks, but much depends...
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by Christopher Nye | Nov 19, 2018
It was a decent end to the week for the euro as it made some healthy gains against the dollar and made a little bit of ground against the pound. The previous day it made some significant gains against sterling as Brexit uncertainty continues to affect sterling. The...
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by Christopher Nye | Nov 19, 2018
The chart below will give you some idea of just how volatile sterling has been against the dollar in recent times. It has been fascinating to behold, with some massive moves in a matter of minutes. After Thursday’s significant losses against the euro and dollar, the...
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by Christopher Nye | Nov 19, 2018
As crazy weeks go the last one is surely up there. Everything looked to be going OK for Theresa May, as she managed to convince her cabinet to support her Brexit draft agreement. However, the morning after, Dominic Raab resigned as Brexit minister, saying he couldn’t...
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by Christopher Nye | Nov 16, 2018
It is more or less impossible to keep abreast of developments at the moment, with fresh headline-generating pieces of news being issued almost every minute of every day. Yesterday was extremely hectic on the floor, as well as in the Commons. It is difficult to see how...
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