The dollar was strong against the pound yesterday, benefitting from sterling’s weakness, but was low against the euro. It is weak against both currencies this morning ahead of the FOMC minutes.
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The euro is up against the pound as the European Union appears to harden its stance against Boris Johnson’s Brexit deal. It was also bolstered by better-than-expected German industrial data, which entered positive territory again. Italian retail sales…
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The pound fell against both the euro and the dollar yesterday, and is still low this morning as hopes of a Brexit deal faded. A Downing Street source said that a Brexit deal was “essentially impossible” after a…
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The pound fell to a near one-month low yesterday, after a Downing Street source said Angela Merkel had made clear that the chances of securing a Brexit deal were ‘overwhelmingly unlikely’. The government released further no-deal Brexit advice…
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It’s probably an understatement to say that a certain amount of Brexit-fatigue has crept in over the past few weeks and months, with many people not bothering to keep up with it all any longer. However, we really…
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The dollar was looking strong against the pound but weaker against the euro yesterday, showing little change throughout the day. The markets await trade talks, which are due to start on Thursday, and speeches from the Federal Reserve…
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It’s a choppy start to the week for the euro, with German factory orders coming in worse than expected, albeit still somewhat improved month on month. Industrial production reached 0, up from the negative growth of the previous…
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The pound has moved lower this morning on reports of preparation for breakdown of talks between the UK and EU. The government haven't denied this, and also haven't denied claims that Boris Johnson "will do all sorts of…
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