Sterling is up against the euro this morning after MPs voted to take control of Parliament’s agenda today, in the hope of speeding through a bill to block the possibility of no-deal before prorogation. The debate will begin…
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The pound had an interesting day yesterday, to put it mildly, as it fell to below USD1.20 for the first time since 1985, and below EUR1.10 too. It recovered a little as the vote from Parliament came through,…
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The dollar is strong against the pound and the euro this morning, benefitting from sterling’s weakness. Today, we’ll see the release of manufacturing PMI data for the US. Should the figure drop below 50, we could see a…
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Euro is up against the pound this morning, benefitting from downward pressure on sterling after Boris Johnson said an election may be on the cards. Meanwhile, the EU is considering using its solidarity fund, usually used for natural…
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Talk of a general election and a possible Brexit extension has brought the pound to 34 year lows against the dollar, if the 2016 ‘flash crash’ is excluded. If MPs succeed in passing legislation through to block no-deal,…
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The pound is under a lot of downward pressure this morning as Parliament resumes. Labour MPs and Tory rebels will put forward a bill today designed to stop a no-deal Brexit, but it will be a tight margin…
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Looking at the currency graphs over the past few years it's easy to see when the school summer holidays occur because it's precisely the point when the pound dips sharply. All the same, it's now September, the schools…
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The dollar is looking strong against the pound and the euro this morning, offering little reaction to a fresh wave of tariffs on Chinese goods over the weekend. China has retaliated with tariffs on $75 billion of US…
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