The pound weakened last night as not a single on the eight indicative votes came out with a majority. The uncertainty continues: MPs are expected to vote again on a narrowed-down list of options, from the ones with…
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Despite a release of bleak economic data from the US, poor figures from across the globe have caused the dollar to strengthen against most of its peers this morning. The stabilisation of U.S. Treasury yields also helped the…
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The euro remained steady against the pound this morning, with a quiet day for economic releases and most eyes on the British Parliament’s indicative votes this evening. ECB President Mario Draghi gave a speech in Frankfurt this morning…
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After strengthening slightly yesterday, sterling has weakened this morning. This seems to have happened in anticipation of the indicative votes, which are due to take place this evening.
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Sterling weakened this morning after a brief rise as MPs prepare for Brexit indicative votes this evening. The process will see around six options, selected by Speaker John Bercow, likely to range from a customs union to another…
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The GBP/USD exchange rate was flat yesterday after disappointing economic data from the US and growing fears of a no-deal Brexit. The dollar was pressured by February’s Chicago Fed National Activity Index figure, which slipped to a disappointing…
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The euro strengthened last night against the pound and dollar as yesterday’s IFO business climate survey for Germany came in above expectations, at 99.6, up from 98.7 last month.
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Yesterday evening, MP’s voted to take control of Brexit. This paves the way for a set of indicative votes on Wednesday, which will look at alternatives to the Prime Ministers deal. The pound has strengthened moderately in reaction…
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