The dollar was strong against both the pound and the euro yesterday, benefitting from sterling’s weakness. Today, we’ll see the release of Non-Farm Payrolls, which are expected to come in at 164,000. This would be a drop from…
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Euro has begun the day up against the pound, as German industrial production reversed the trend of shrinking from the past two months, re-entering positive figures. It’s a positive sign for the markets, particularly as the sector has…
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The pound fell against both the euro and the dollar yesterday after Governor of the Bank of England, Mark Carney, delivered a downbeat speech on the state of the economy. Carney said that there would be a “relatively…
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British consumers have cut back on their spending despite the Christmas period, figures released yesterday showed. The pound drifted downward on the news, hitting a two-week low against the euro, although it has now moved back upward.
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The dollar was strong yesterday as fear of further retaliation from Iran waned. After striking a US air base in response to the US missile strike which killed their top general, Iran said that their response was “proportionate”…
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Ursula von der Leyen and Boris Johnson met in Downing Street yesterday for preliminary talks on Brexit – official trade talks cannot begin until the UK has left the EU, and are unlikely to start before March. Von…
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Sterling was mostly flat yesterday, but is choppy against both the euro and the dollar this morning. MPs continued to debate the Withdrawal Agreement and voted down three amendments – the Lucas amendment, the Dubs amendment (tabled by…
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Boris Johnson and Ursula von der Leyen met in London yesterday to discuss upcoming trade talks. The EU Commissioner said that it will be impossible to get a comprehensive deal within the timeframe, but that they would have…
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