The pound is choppy this morning as rumours grow of a resignation date announcement from Theresa May later today, or, at the latest, by Monday. This only adds to the market uncertainty accompanying Brexit and the current European…
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The dollar remains strong this morning after the Federal Reserve released the minutes from their latest monetary policy meeting. The minutes indicate that the Fed will keep interest rates steady, and that their current ‘patient’ approach will stay…
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Elections, ECB meetings, economic readings – it’s a busy day for the eurozone today. So far, sterling’s weakness is euro’s gain, as the single currency is up this morning against a pound weakened by worries over today’s elections,…
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Sterling has weakened further this morning as European election voting begins. This comes as the Prime Minister’s exit looks more likely than ever, following reports that many MPs expect her to resign in the next day or two.…
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Voting began for European elections this morning and, with the Brexit Party polling with the greatest vote share, and rumours of an imminent leadership change, the pound is under significant downward pressure against the euro and dollar. Elections…
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All I can think to say about Theresa May’s “new and comprehensive offer” is that it’s all starting to remind me of a song – Three Wheels on my Wagon – that will be familiar to anyone over…
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The dollar has hit a two-week high this morning ahead of the release of the minutes from the Federal Reserve’s latest monetary policy meeting. The minutes are expected to show a less cautious stance from Jerome Powell. However,…
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Euro strengthened against the pound this morning, as the latter fell on fears over Brexit, with May’s concessions on her Withdrawal Agreement attracting criticism from both her own party and the opposition. A push to oust May could…
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