Sterling had a choppy day on Friday, starting off strong and then losing some ground against the dollar. It is still weak against the dollar this morning and stronger against the euro.
Read more
›
It was a choppy week for the pound last week, as Brexit sentiment moved from a seeming increasing chance of a no-deal transformed into hopes, albeit slim, that progress is being made towards a deal.
Read more
›
The dollar is still weak against both the euro and the pound due to the Federal Reserve’s latest interest rate cut.
Read more
›
Euro is weak against the pound this morning, as positive Brexit rhetoric has given sterling a boost. The single currency is strong against the dollar, which is still suffering due to the Federal Reserve's recent rate cut.
Read more
›
Yesterday, the Bank of England announced their decision to keep policy rates unchanged. Dollar weakness boosted sterling slightly, however reaction to the BoE’s decision was fairly muted overall. As widely expected, all nine members of the Monetary Policy…
Read more
›
Jean-Claude Juncker has said that a Brexit deal could be reached before the October 31st deadline. This positive rhetoric caused the pound to strengthen yesterday evening, and it is still strong this morning.
Read more
›
As widely expected, the Federal Reserve cut interest rates for the second time since late July yesterday, announcing a cut by 25 basis points.
Read more
›
Euro is strong against the pound today, as the latter comes under pressure after poor inflation figures. The new sitting of the European Parliament has ‘reaffirmed’ its ‘wholehearted support’ for the EU’s position during Brexit, saying that the…
Read more
›
