The pound has been under pressure this week, falling for five consecutive days due to Brexit worries and reduced liquidity. Many believe that a year isn’t long enough for the government to negotiate a trade deal with the…
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The euro dropped to a two-week low on Christmas eve, as the dollar was boosted by optimism for a US-China trade deal.
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The US dollar was strong before Christmas on positive US-China trade rhetoric. Washington and Beijing reached a phase one trade deal at the beginning of this month and President Trump has said that the two sides are extremely…
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The dollar held firm yesterday despite poor Durable Goods Orders. New orders dropped 2% from a month earlier, missing an expected 1.5% increase. Demand for transportation equipment led the fall, while declines were also seen in orders for…
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The euro was stronger yesterday, benefitting from pound and dollar weakness. However, it is slightly weaker this morning.
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Sterling fell to a three-week low yesterday over ongoing concerns about the government’s hard-line approach to Brexit talks. This comes after it was announced last week that there will be a hard deadline in place for the Brexit…
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The pound fell to a three week low yesterday, as it continues to process the government’s hard-line approach to Brexit talks.
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If you’re someone who peers avidly at the currency charts – and if you’re about to make a major transaction abroad let’s just assume you are – then the last week will have been a particular horror show.…
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