It’s thought that the government will again attempt to hold a meaningful vote on the Prime Minister’s Brexit deal today or tomorrow, after MPs instead voted in favour of the Letwin amendment on Saturday. The pound is lower…
Read more
›
It’s business as usual on the Brexit front this morning, with nothing settled on so-called Super Saturday. The government seems to think it “has the numbers” when the Prime Minister’s deal does finally come to a vote, perhaps…
Read more
›
Following poor retail sales on Wednesday, the dollar extended its losses yesterday due to growing expectations of an interest rate cut from the Federal Reserve. However, the greenback is up today against the euro and the dollar.
Read more
›
The euro was strong against both the pound and the dollar yesterday afternoon, reaching one month highs against the dollar. This came as the EU and UK managed to strike a Brexit deal and the dollar dropped due…
Read more
›
The pound jumped to a five month high against the dollar yesterday as the UK and EU announced that a Brexit deal had been reached.
Read more
›
The pound reached a five month high against the dollar yesterday and rose against the euro on news that the UK and the EU had managed to agree on a Brexit deal. However, the pound lost some of…
Read more
›
The dollar was weak yesterday afternoon as retail sales fell for the first time in seven months in September. Sales dropped 0.3%, marking the first drop since February and suggesting that weaknesses in the manufacturing sector are spreading…
Read more
›
The euro was weak against the pound and strong against the dollar yesterday afternoon. Inflation figures for the Eurozone were released yesterday, which showed an annual drop to 0.8% in September, from 1% in the previous month.
Read more
›