Sterling is up against the euro this morning after MPs voted to take control of Parliament’s agenda today, in the hope of speeding through a bill to block the possibility of no-deal before prorogation. The debate will begin at 15:00 today, with two votes at 17:00 and 19:00 – after which it could be ready to pass to the House of Lords. Worries of a general election remain, however, with the government expected to table a motion at 20:30, although the opposition so far says it will not back it.
Much of the push and pull on the euro will come from Brexit over the next few days, although positive manufacturing and services data was released this morning.
Manufacturing figures in the US were not so positive, falling into contraction for the first time in three years and sending the dollar down against the pound and euro.
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