The pound strengthened yesterday as Theresa May said that progress was being made in cross-party talks, stating that the Conservatives and Labour parties were not too far apart on plans for a customs arrangement.
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The dollar was down against the pound and the euro yesterday, due to mixed U.S. data and caution ahead of a two-day Federal Reserve meeting, which pushed the dollar further away from a near two-year high. The greenback…
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After a bleak start to the weak, the Eurozone saw some positive economic data releases yesterday. German annual inflation accelerated to 2.1% in April, faster than the European Central Bank’s target.
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Sterling hit a two week high yesterday in reaction to news that progress had been made in cross-party Brexit talks. Talks between the government and the Labour party are said to have been productive, with Prime Minister Theresa…
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The pound hit a two week high yesterday and remains strong this morning. This comes in reaction to reports that cross-party Brexit talks are making ‘progress’.
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The pound perked up yesterday, to its highest rate for a couple of weeks against both the euro and US dollar. The reason was the continuing talks between the Government and Opposition on Brexit.
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The dollar hovered near a 23 month high against most major currencies yesterday, despite mixed economic data from the US. Today, US negotiators head to China to try to agree on a trade deal between the two countries.…
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Euro showed a slight drop yesterday following lower-than-expected business confidence figures, seven points below expectations. Consumer confidence was down six points to -7.9 month-on-month, and economic sentiment also showed a drop.
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