The markets are expecting a good day ahead for the euro, with a number of positive economic figures forecasted. Already this morning, German inflation came in at 2%, as predicted, up from an eleven-month low of 1.3%. German…
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The pound has weakened this morning as the Prime Minister’s chief Brexit negotiator, Olly Robbins, travels to Brussels to discuss the possibility of changes to the political declaration. It has been a key demand of Labour negotiators that…
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There’s still plenty of uncertainty around Brexit, and it’s reflected in the pound’s relative weakness against the euro this morning, as chief Brexit negotiator Olly Robbins travels to Brussels. He will attempt to get European leaders on his…
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The dollar weakened further on Friday afternoon and has fallen today, as China and the US pursued talks to try to salvage a trade deal. However, President Trump said that he was in “no rush” to finalise a…
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The euro was strong on Friday and is set to remain in a good position this week. This comes as any possible escalation in trade talks between the US and China could result in US interest rates being…
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The pound remained mostly unchanged on Friday as the GDP data figures came in as forecast. The economy grew by 0.5% in the last quarter and 1.8% year-on-year.
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Cross-party talks between the government and the Labour party continue today. It remains unclear as to whether any real progress has been made, and the pound is mostly unchanged as a result.
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For the past three months the pound has been trading in a relatively narrow band against both the euro and US dollar. The reason is simply that the currency markets don’t know which way to move and are…
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