The euro was stronger against the pound and weaker against the dollar yesterday afternoon. The single currency was relatively unmoved by Industrial Production data, which showed a month-on-month increase in August. It rose by 0.4%, beating expectations of…
Read more
›
The pound gave up a lot of gains from Friday as recent rhetoric surrounding Brexit seemed to suggest that a deal was still some way off. However, Sterling did rally back yesterday afternoon and overnight as it seems…
Read more
›
Brexit negotiations between the UK and the EU continue today, ahead of the EU summit on Thursday. In a statement, the EU called the negotiations “intense technical discussions”, whilst the Prime Minister’s spokesperson said that “talks remain constructive,…
Read more
›
The dollar was in a weak position on Friday, falling to a three-week low. This came following positive rhetoric surrounding both the US-China trade war and Brexit. The dollar is stronger this morning against both the euro and…
Read more
›
Euro has started the week on a mixed note, as the chances of securing a deal look uncertain. This week will be crucial, as talks are set to intensify and the EU convenes for a summit this Thursday…
Read more
›
The pound remained strong against both the euro and the dollar at the end of last week, as positive rhetoric surrounding Brexit continued. However, this morning the pound has dropped lower due to pessimistic talk over the weekend.
Read more
›
The pound is weak this morning, as the chances of securing a Brexit deal look uncertain. EU leaders will meet in a summit this Thursday and Friday, but the mood could shift substantially before then. There are a…
Read more
›
Last week ended with a flurry of excitement on the currency markets. The headline was that against the euro the pound hit its highest rate since May 2019. While that was true, when you look at the graph…
Read more
›
