The US and China have reportedly agreed a tentative truce to allow talks to resume between the two nations, which gave the dollar a lift yesterday. President Trump said yesterday that a trade deal was possible this weekend,…
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A slightly strengthened pound has seen the euro weaken somewhat this morning, after Boris Johnson seemed to change track on a no-deal Brexit. Today, movement is more likely to come from economic releases, with EU business confidence, consumer…
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Sterling is up against both the pound and the euro this morning. This is possibly due to another comment from Boris Johnson, in which he has said that the odds of a no-deal Brexit are a “million-to-one against”…
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The pound was up this morning following another seeming change from Boris Johnson, who stated that the chances of a no-deal Brexit were ‘vanishingly small’ – in contrast to saying it was ‘do or die’ the day before.…
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The dollar strengthened yesterday and is still up against the pound this morning, following scheduled speeches from FOMC members. They took a ‘less dovish’ stance to interest rates than expected, however, a rate cut is still expected to…
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The euro is continuing to benefit from Brexit uncertainty keeping the pound low, as Boris Johnson said the 31st October deadline would be kept, ‘do or die, come what may’. German consumer confidence came in lower than expected,…
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The pound has weakened against both the dollar and the euro as the increasing possibility of a no-deal scenario continues to weigh. Latest developments in the Conservative leadership race have done no favours for sterling, with Boris Johnson…
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Fears about an increased likelihood of a no-deal Brexit are weighing on the pound this morning, following comments by Boris Johnson that the 31st October deadline is ‘do or die, come what may’.
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