The pound is weak this morning against both the euro and the dollar. This is partly because of ongoing concerns about a no-deal Brexit, as well as poor economic data and a gloomy speech from the Bank of…
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EU leaders made two surprise announcements yesterday, nominating Ursula von der Leyen, the current German Defence Minister, as President of the European Commission, and Christine Lagarde, Managing Director of the IMF, as President of the European Central Bank.…
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Over the week the pound has continued the slow, ungainly lurch that has seen it lose 5% over the past two months. It’s hard to see any positivity for sterling on the horizon, with the inevitable political crisis…
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The dollar is strong against the pound and weaker against the euro this morning. The greenback originally made gains on the back of the truce between the US and China, however, this optimism faded due to doubts over…
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Despite worries over a potentially contracting economy and a global slowdown, eurozone employment levels are on the up. Figures released yesterday showed unemployment to have declined to a low last seen in 2008, of just 7.5%. Although Spain,…
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The pound is weak against the euro and the dollar this morning, losing out to poor economic data and the increasing chance of a no-deal Brexit. Yesterday, Chancellor Philip Hammond warned the two leadership candidates, Boris Johnson and…
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The pound is weak this morning as no-deal seems more likely, with both Johnson and Hunt stepping up their rhetoric around the possibility. Today, they are in Northern Ireland to continue to try to present their case to…
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With three weeks to go until the 160,000 members of the British Conservative Party choose our country’s Prime Minister, we can probably assume that a victory for Boris Johnson is “priced in”. In other words, the currency markets…
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