Euro saw a brief dip against the pound yesterday noon and is still weak today, as the ECB announced that it would cut rates by 10 basis points to -0.5%. Quantitative easing is expected to resume in November,…
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The pound is stronger this morning on reports that the EU would be willing to grant the UK a Brexit extension. A leaked European draft resolution suggested that member states would back another extension to the Brexit deadline…
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The dollar was in a weaker position yesterday and is still low this morning, as a report surfaced suggesting that the US is preparing to make a limited, or ‘interim’, trade agreement with China. The agreement would involve…
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The ECB announced a 10-basis-point rate cut at its meeting yesterday, as well as a return to QE from 1st of November. Further cuts in the future haven’t been ruled out, with the Governing Council saying rates would…
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The Court of Sessions in Edinburgh ruled yesterday that Boris Johnson’s advice to the Queen to suspend Parliament was illegal, stating that the prorogation was ‘unlawful and is thus null and of no effect.’ Thus far, No 10…
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The dollar edged higher yesterday but is looking weaker this morning. President Trump tweeted that at the request of the Vice Premier of China and due to the 70th anniversary of the People's Republic of China, the US will…
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Euro’s had a choppy start to the day as the markets await the ECB’s monthly meeting – also the last to be chaired by Mario Draghi. A rate cut is widely expected, as is a stimulus package, although…
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Sterling was strong against the euro and weak against the dollar yesterday, but is slightly weaker this morning. The prorogation of Parliament was ruled unlawful by Scotland’s highest civil court and the government is expected to appeal this…
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