The dollar is strong across the board this morning, due to better-than-expected GDP data last week. Markets are also looking ahead to the Federal Reserve interest rate decision on Wednesday.
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The euro is up against the pound this morning, after comments from the UK government about the probability of a no-deal Brexit weakened the latter. The EU says that it’s not willing to reopen the issue of the…
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Sterling is weak this morning, hitting two-year lows against the dollar. This comes due to a weekend of rhetoric surrounding a no-deal Brexit. Boris Johnson unveiled a special Brexit cabinet committee tasked with handling preparations for a no-deal,…
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The pound is down against the euro this morning, and has hit two-year lows against the dollar, as a no-deal Brexit seems more and more likely. Yesterday, speaking about the EU’s willingness to reopen negotiations on the withdrawal…
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US GDP data for the second quarter of 2019 is due to be released at 1:30pm today, and the dollar is looking strong ahead of this. The figure is forecast to come in at 1.8%. This is down…
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Euro is up against the pound this morning, recovering from a slight drop after the ECB said that it would increase stimulus measures and would likely cut rates, despite already being at historic lows. It seems likely therefore…
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The pound is down against both the euro and the dollar this morning. This is possibly due to further uncertainty surrounding Brexit, following reports that EU officials have rejected Boris Johnson’s Brexit policy. The EU’s chief Brexit negotiator,…
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The euro is back up against the pound this morning, after a brief dip as the ECB revealed the results of its meeting, signalling a potential rate cut in September and further QE packages. Mario Draghi highlighted the…
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