The pound strengthened as MPs voted yesterday evening to take control of the parliamentary timetable and therefore Brexit, by 329 votes to 302. We can now expect a series of indicative votes on Wednesday, in which Parliament gives…
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The dollar looked weak against the pound and strong against the euro on Friday, as the Brexit extension and German PMI data came into play. The euro’s weakness was a relief for the greenback, which had come under…
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The euro weakened on Friday against the pound as poor performance continues to plague the Eurozone, with German 10-year bond yield turning negative and manufacturing hitting a seven-year low. Analysts predict a further boost in individual government spending…
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Despite a stronger spell on Friday, the pound is the weakest performer against most major currencies today as it feels the pressure of the latest Brexit developments. Prime Minister Theresa May is set to meet the Cabinet today…
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This week is shaping up to be another one of uncertainty and volatility. Theresa May is meeting with the Cabinet today to set out her Brexit strategy, but it’s unclear where that will go. Last week, John Bercow…
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The dollar made a full recovery yesterday, after initially dropping due to the Federal Reserve’s decision to keep interest rates steady. The effect of their announcement was short lived, and the dollar quickly recouped most of the ground…
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The euro weakened slightly this morning as sterling strengthened on confirmation of the EU’s plans to delay Brexit. If Theresa May’s withdrawal agreement does pass through parliament on a third time lucky, then the delay is until 22nd…
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The EU has granted Prime Minister Theresa May an extension until the 22nd of May on the condition that her withdrawal deal is approved by the 12th of April. The pound started the day today in a stronger…
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