Yearly Archives: 2018

You can see our currency news market reports, published daily, on this page. Jargon-free and with our archive back to 2011, bookmark this page to stay on top of the latest currency news relating to your transfers.

Theresa survives, for now

13 December, 2018

Nakhil Mahra

After days of guesswork whether or not we will see 48 letters go in to trigger a vote, yesterday proved to be the day. A formal announcement was made yesterday morning that the 1922 committee has received the required number of letters to trigger a vote of no confidence in Theresa May, the day would […]

Read more

Should she stay or should she go?

12 December, 2018

Paul Newfield

The UK economy is having a tough time knowing where it stands. On the one hand, we have the slowest house price rises in over 6 years, the lowest shopper footfall since the recession and the manufacturing sector has stalled with car sales way down with unemployment up. On the other, we somehow have an […]

Read more

The Pound suffers further following deferred Brexit Vote

10 December, 2018

Grace Rae

Yesterday did not fail markets expectations we saw the Pound take a further hit, losing ground across the board after the government announced the crucial Brexit vote had been deferred following an emergency cabinet meeting held in the morning. The rates immediately dropped as the markets digested the news. In the afternoon the Prime Minister […]

Read more

Brexit Debacle Drags On

7 December, 2018

Simon Eastman

Markets remained cautious yesterday as Theresa May dealt with the fallout from being found in contempt of Parliament the other day. Questions arose as to whether she might delay the vote on the Brexit plan, due next Tuesday, after being forced to release details of the legal advice she had sought on the deal, but […]

Read more

Deal or No Deal Debate

6 December, 2018

Grace Rae

Markets remained fairly flat throughout the days trading as the Brexit debate presses on. Members of Parliament have been in and out of the house of commons voicing their opinions and Theresa May has continued to stick by her position, incessantly repeating that they will not be revoking Article 50 and that backing her deal […]

Read more

Brexit debate sends Pound to 18 month low against US Dollar

5 December, 2018

Robin Haynes

Sterling yesterday fell to its lowest value against the US Dollar since April 2017, as Theresa May suffered 3 defeats in the Commons in the second day of a full week of Brexit debate. Rates for buying Euros also fell to their lowest since September. The government’s refusal to share its full legal advice over […]

Read more

Sterling exchange rates dropping across the board

4 December, 2018

Rob Bastin

December opened the new month with Sterling exchange rates dropping across the board as Brexit deal concerns continue to dominate the headlines with the parliament vote now just only 1 week away. The pound is likely to come under continued pressure leading up to the vote on December 11th and even more so after the […]

Read more

Sterling slides again

30 November, 2018

Nakhil Mahra

Yesterday continued the poor 24 hours the Pound has had. After initially dropping on Wednesday evening the slide continued through the day dropping another half a cent on Wednesdays close, the weak future outlook should we see a no deal Brexit leaving any early gains made in the week nullified. The day was a quiet […]

Read more

Mixed Day for The Pound

29 November, 2018

Simon Eastman

Initially sterling seemed to be on the up yesterday as we saw the pound move up steadily across the board, seemingly peaking at lunchtime. As US markets woke, we saw sideways trading before a correction in the afternoon, but with a raft of lower than expected US data releases it seems it was more sentiment […]

Read more

Could it be a stormy December ahead for the UK’s government?

28 November, 2018

Grace Rae

As we near the end of this trading month there is much to reflect on. We have seen the pound react directly with Brexit developments, losing ground as speculation over the PM’s position being challenged increased then saw some recovery when a draft deal had finally been agreed by all 27 EU leaders. Although a […]

Read more