The pound is choppy this morning, benefitting from the dollar’s weakness. Fears of a no-deal Brexit continue to weigh on sterling, with Jeremy Hunt admitting that leaving the EU without a deal could be a ‘short term’ economic…
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Sterling has a choppy start to the day, as the markets look forward to UK retail figures today. Brexit continues to keep the pound low, as Jeremy Hunt admitted yesterday that there would be at least a ‘short-term’…
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The dollar has risen against the pound on the back of positive retail sales data, which came in stronger than expected. Sales rose by 0.4% in June, ahead of expectations for 0.1%.
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Ursula van der Leyen has been narrowly elected as the next President of the European Commission, to replace Jean-Claude Juncker on 1 November. Her nomination was ratified by 383 votes to 327, just nine over the minimum, with…
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The pound reached fresh two-year lows against the dollar this morning due to another spell of Brexit fears. It has weakened against both the euro and the greenback after both Boris Johnson and Jeremy Hunt vowed to ditch…
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Yesterday, the pound had the dubious honour of being declared the world’s worst performing currency in the previous day, month, three months and past year. Today, the markets are looking forward to inflation figures, as well as the…
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Fifty years on from the moon landings it’s even harder to comprehend how they could have done it. They were as close in time to the First World War as we are to Apollo missions, so the technological…
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The dollar has found some strength this morning due to rising expectations of a 25 basis point cut, rather than a 50 basis point cut. Federal Reserve Chairman Jerome Powell speaks today, which will possibly have further impact…
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