The euro is up against both the pound and the dollar this morning, as poor rate expectations from the US and poor economic releases from the UK keep both low.
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The pound is down against both the euro and the dollar this morning. It briefly benefited from a weaker dollar, but remains affected by the ongoing uncertainty in Parliament.
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Sterling is under pressure this morning following a further decline in construction PMI – and not helped by concerns about who Theresa May’s replacement will be, and what it will mean for Brexit and the possibility of a…
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The dollar is weak against both the pound and the euro this morning, due to suggestions that the Federal Reserve may cut interest rates. St Louis Fed President, James Bullard, said that an “insurance” rate cut may be…
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Euro is stronger against the pound this morning, after a good day for economic releases. German and French manufacturing PMI both met market expectations, with just a small drop for German figures. Crucially, Italian manufacturing PMI came in…
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The pound is weak against the euro and stronger against the dollar this morning, benefitting from greenback’s weakness and suffering due to the euro’s strength against the dollar. Boris Johnson has said again that the UK will leave…
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Poor manufacturing releases from the UK and US – with the latter falling to a ten-year low – have helped keep the pound and dollar respectively low. Euro has benefited from this weakness, with an upward tick this…
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We’re not so much at a fork in the road for Brexit as a multiway crossroads – and absolutely no-one can predict which path the UK will take. The Conservative Party’s leadership contest has now reached thirteen nominations,…
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