The pound is still in a strong position after MPs voted to delay Article 50 last week. The amendment has not yet been approved by EU leaders, however. They are due to meet at the end of this…
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This morning, the dollar weakened against its rivals. Although impossible to predict, it is thought that it was set for its biggest weekly drop in more than three months before a US central bank meeting next week, where…
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The euro had a quiet day against both the USD and GBP. German’s February inflation figure came in at 1.5%. This was slightly higher than last month and slightly lower than expectations. What excitement there was came from…
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Through all the excitement in Westminster, sterling managed to hold onto most of its recent gains, moving within a choppy range of around one cent against both the USD and EUR. There was a slight softening late into…
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Sterling had a choppy day yesterday as the UK parliament voted to extend Article 50, if the EU agrees. Ultimately, it has largely held onto its gains, but whether this will continue remains to be seen. The UK…
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The pound’s drop after its initial no-deal rally has caused the dollar to pull ahead from a nine day low. The greenback had initially weakened after the pound rallied, following the decision of Parliament to reject a no-deal…
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Euro failed to capitalise on the Brexit vote last night, as pound stayed steady on hopes of an extension to Article 50. It seems likely that asking for an extension will pass through, but how long this will…
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Yesterday evening, MP’s rejected a no-deal Brexit in two separate votes. The second of these votes was won by just 4, accepting an amendment to take no-deal off the table at any point. Although the tight margin was…
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