Sterling strengthened against both the euro and the dollar yesterday, and is still strong today as the Bank of England voted to keep interest rates on hold at 0.75%. The result was 7 to 2, with officials Michael…
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The UK is set to leave the European Union at 11pm today, after four years of protracted negotiations. The pound is currently up against the euro, but there’s plenty of uncertainty ahead. The British government has a deadline…
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The dollar remained strong yesterday as investors continued to turn to safe haven currencies amid the coronavirus outbreak. Hundreds of foreign nationals are being evacuated from Wuhan as more deaths and cases are confirmed.
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The European Parliament has approved the Brexit Withdrawal Agreement, with a special ceremony to begin the ‘farewells’ held last night. Ursula von der Leyen said that the ratification is ‘only a first step’ towards the final relationship, which…
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The pound was near one-week lows against the dollar yesterday and was choppy against the euro ahead of the Bank of England’s interest rate decision, which is due to be announced at midday today.
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The European Parliament has officially ratified the Brexit Withdrawal Agreement, and begun to say its goodbyes, with Ursula von der Leyen and Guy Verhofstadt telling MEPs that they would miss the British presence in the bloc. Today’s interest…
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Tomorrow will be an interesting day on the currency markets as we all tune in to the Bank of England at high noon for the pronouncement of its Monetary Policy Committee on interest rates. Will they cut or…
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The dollar remained strong throughout yesterday ahead of the Federal Reserve’s meeting, which is due to take place today. Durable goods orders came in better than expected yesterday, providing optimism that comments from officials will be ‘less dovish’.…
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