The pound strengthened this morning following the EU27’s agreement to a short delay to Brexit. Instead of May’s asked-for extension until June, the deal sees the default, no-deal date set to 12th April – but 22nd May if…
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Theresa May came out swinging at Downing Street last night, blaming the Members of Parliament for delaying the UK leaving the UK.
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It was an interesting day for the greenback, with the Federal Reserve’s interest rate decision and President Trump tweeting about extending the trade war against China. The Fed not only held rates steady, but indicated there would be…
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While the single currency gained a cent against the GBP yesterday it also strengthened against the USD, reaching a six-week high yesterday.
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The pound took a dive yesterday when it was announced that the EU was insisting on the Withdrawal Agreement being passed before a “short” extension could be considered.
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Factory orders for US goods rose by only 0.1% in January, which was less than expected. This offers more evidence that US manufacturing activity, as well as the US economy in general, is slowing. Weakening economic data this…
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The euro crept up to a two week high against the dollar yesterday. This was due to improved Economic Sentiment data, as well as anticipation surrounding the Federal Reserve’s monthly meeting on Wednesday, which ensured that the dollar…
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The pound continues its weak performance today, as a short Brexit extension appears to be the next likely step. It’s also still unclear as to when the third meaningful vote will take place, if at all.
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