The pound took a dive yesterday as the Government made a bid to ensure that the transition period end date becomes law. It was yet another surprise to those who under-estimated Boris Johnson and figured that now the…
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The dollar was weak yesterday as it awaited further details of the US-China phase one trade agreement. It’s thought that despite China’s trade delegation expressing optimism for the deal, some officials remain cautious. The deal, which was announced…
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Euro saw a slight strengthening against the pound yesterday. Data releases showed a mixed bag, with Eurozone-wide and German services PMI coming in better than expected. The UK parliament is expected to vote (and pass) its Withdrawal Agreement…
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This morning, the pound has weakened as it was announced that the government will add a new clause to the Brexit bill to make it illegal for Parliament to extend the process beyond the end of next year.…
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MPs are returning to Parliament as the House of Commons gets set to vote on the Withdrawal Agreement Bill this Friday, widely expected to pass due to the government’s large majority. Meanwhile, the pound did lose a little…
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The dollar fell to five-month lows on Friday as the pound strengthened due to the general election result. Despite this, the US and China announced that they have reached a phase one trade deal, which includes tariff relief,…
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Euro hit a three-year low against the pound and is still low today, following the result of the UK general election. It was also not helped by slightly worse-than-expected data releases on Friday, showing German wholesale prices to…
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The pound had a strong day on Friday after the Conservative Party secured a comfortable majority in the general election. Believed to be the outcome that will solve the Brexit impasse, the pound strengthened to three-year highs against…
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