Yesterday, the dollar remained strong against the euro and weak against the pound as US job openings fell for the second month in a row. They declined by 31,000, falling to a seasonally adjusted 7.2 million for July.…
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Euro was down against the pound, after French and Italian industrial production came in worse than expected yesterday. Fears of a no-deal do continue to weigh on both currencies, as Guy Verhofstadt joined with French officials in calling…
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Following on from positive GDP data at the start of this week, better-than-expected unemployment figures and wage data helped to strengthen the pound a little, despite Brexit concerns. Boris Johnson held talks with the DUP to try to…
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The pound remained strong yesterday and was mildly lifted by positive jobs data. UK unemployment rate dropped to 3.8% in the three months to July, beating expectations that it would remain at 3.9%. This figure is now at…
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So the politicians have all left Westminster and gone to the seaside, or wherever they hold party conferences these day. I know we’re supposed to be outraged about parliament being suspended at this critical time, but maybe getting…
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The dollar is looking mixed this morning, after President Trump suggested that China are keen to resume trade talks. Meanwhile, a leading Chinese expert has said that the US must agree to a remaining 20% of demands in…
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Guy Verhofstadt has back French officials’ calls for a veto on a further Brexit extension without any further development from the UK side. Tweeting yesterday afternoon, he said, ‘Yet another extension for Brexit is unacceptable, unless the deadlock…
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The pound was given a boost yesterday on news that the UK economy grew by 0.3% in July. Sterling reached near to its highest levels since July due to reduced expectations that the UK economy will fall into…
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