Sterling is stronger against both the pound and the dollar this morning. This comes after news that Labour will try to defeat a no-deal Brexit. Jeremy Corbyn has urged leaders of the other opposition parties and Tory rebels…
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The pound is up this morning after a relatively positive day yesterday for economic releases, with inflation coming in at 2.1%, just above the Bank of England’s target. It was also helped by downward pressure on the euro,…
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The dollar is looking weak this morning, as developments in the US-China trade war continue. In a surprising turn of events, President Trump has decided to delay tariffs on some Chinese imports due to ‘health, safety, national security…
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Yesterday was a choppy day for the euro after both German and Eurozone economic sentiment figures came in well below already-negative expectations. For Germany, figures fell to -44.1, almost 20 points below last month and hitting their lowest…
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Despite positive data releases yesterday, the pound is weak this morning. Britain’s labour market showed unexpected strength, with total earnings growth rising by 3.9% per year between April and June, the highest rate since 2008. This figure suggests…
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The pound is low this morning, despite better-than-expected employment and earnings figures. The Brexit back-and-forth between the government and parliament continues, as Speaker John Bercow says that it would be possible for MPs to stop a no-deal Brexit.…
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Following the drama of Boris Johnson taking over as Prime Minister and appointing the arch-Brexiteer Dominic Cummings to plan the UK’s exit, it’s all gone a bit quiet in the news. Most politicians are away, as are their…
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The dollar is strong this morning, despite ongoing trade tensions between the US and China. The focus today, however, will be on US inflation data, which is due to be released this afternoon. It will be interesting to…
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