The pound has risen slightly against both the euro and the dollar this morning, possibly benefitting from their weakness. It also had a boost early this morning from consumer confidence, which, although in the negative, did come in…
Read more
›
The pound is up against the euro this morning after a choppy day, perhaps boosted by better-than-expected consumer confidence figures early today. Boris Johnson’s tour of the UK continues today with perhaps the most crucial step, holding talks…
Read more
›
We can’t honestly say it’s a surprise. The pivot to serious no-deal planning was on the cards as soon as Boris Johnson put the Cummings-Gove duo in charge of planning Brexit. And when the markets woke up to…
Read more
›
The dollar reached a near two-month high yesterday and remains strong this morning ahead of the Federal Reserve’s interest rate decision tomorrow. Ahead of a possible 25 basis point cut, which is widely expected, President Trump tweeted that…
Read more
›
The euro is down against the pound this morning as the eurozone awaits the release of a raft of confidence figures, including business and consumer confidence and economic, industrial and services sentiment. All but consumer confidence are expected…
Read more
›
The pound remains weak this morning after tumbling to a 28-month low against the dollar yesterday, amid growing speculation that the UK is heading for a no-deal Brexit. Rhetoric to support this included comments from Michael Gove, who…
Read more
›
The pound hit a 28-month low against the euro yesterday, as a no-deal Brexit seems more and more likely. Michael Gove said at the weekend that the government was working ‘on the assumption’ that the UK will be…
Read more
›
The pound enjoyed what you might call a pico-bounce after Boris Johnson became Prime Minister last week – a “pico” being a thousand times smaller than a nano. But at least it was a bounce, and congratulations if…
Read more
›