The pound strengthened yesterday and is still strong this morning, benefitting from a weak dollar and the decreasing possibility of leaving the EU without a deal.
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The pound is strong against both the dollar and the euro today, as the possibility of a no-deal Brexit is decreasing. The general election bill has now received Royal Assent, which means it will definitely go ahead on…
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The dollar is weak this morning as the Federal Reserve cut interest rates yesterday for the third time this year. As expected, rates were cut by 25 basis points due to trade and growth fears.
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The euro hovered near daily highs against the dollar yesterday, ahead of the Federal Reserve’s decision on interest rates.
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Sterling was up against both the pound and the euro yesterday on news that the House of Lords approved an early general election, which is due to take place on December 12th. It is strong again this morning…
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The pound remained strong yesterday, and is up this morning as the campaign trail for the upcoming general election begins. As Christine Lagarde takes over as President of the ECB today, a series of poor economic data paints…
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Well, this is exciting! In the three and a half years since the Referendum you might have got used to not much happening. Suddenly we have an election coming on 12th December, from which we could go in all…
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The dollar is fairly flat across the board this morning as it awaits the Federal Reserve's announcement on interest rates this evening. They are expected to cut rates by 25 basis points for a third time this year.
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