The dollar is lower this morning following the news that Donald Trump has been impeached. Trump has become the third US President to be impeached following a historic vote in Congress yesterday. After 10 hours of debate, the House…
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It’s been a choppy week so far for the euro, as uncertainty over Brexit returns following Boris Johnson’s announced intention to put the transition period deadline into law. It raises fears that the UK and European Union could…
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The pound was low against the dollar and the euro yesterday, but is stronger this morning ahead of the Bank of England's monetary policy meeting. The Bank of England is expected to keep rates on hold, despite two…
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The pound had a choppy day yesterday, as the intention to enshrine the transition period deadline into law raised fears of a Brexit without a trade deal. However, it is in a stronger position this morning against the…
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The dollar is strong against the euro and pound today, benefiting from sterling’s post-election weakness. President Trump has once again urged the Federal Reserve to cut interest rates and introduce quantitative easing via Twitter. This comes after the…
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Euro benefitted yesterday from a weak pound as fears about no-deal returned. The UK government is set to enshrine the end of the transition period as December 2020, meaning that, if trade talks are not complete by then,…
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Yesterday, the pound weakened to pre-election lows and it is still low this morning as the government said it will try to illegalise an extension to the Brexit transition deadline. After leaving the EU on the 31st of…
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The government said yesterday that it would seek to enshrine the transition date deadline in law, raising fears of the UK leaving without a trade deal. The pound weakened as a result, losing some of its gains of…
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