Yearly Archives: 2019

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Pounds pushes to a two month high amid Brexit uncertainty

18 January, 2019

Grace Rae

The Pound has surprised markets over the past few days by strengthening and providing the best trading levels against the Euro and Dollar in almost 2 months despite the PM losing the Brexit vote on Tuesday. Currency markets have been sitting firmly at a ‘see what happens’ crossroads over the last few days regarding new […]

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Best Pound to Euro rates for 2 months

17 January, 2019

Robin Haynes

Sterling crept up slowly against the Euro yesterday and we saw the best Euro buying levels since November after Theresa May’s government survived a vote of no confidence in the Commons. Despite the catastrophic defeat of her Brexit deal on Tuesday, Mrs May enjoyed the support of all Conservative and DUP MPs, enabling her to […]

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A Crushing Defeat For May

16 January, 2019

Simon Eastman

Last night we had the results of the parliamentary vote on Theresa Mays Brexit plan and although widely expected to be defeated, I’m not sure anyone thought it would be by such a margin. In the largest ever defeat for a “sitting” Government, MPs voted against the deal, by 432 votes to 202, a crushing […]

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May’s Brexit deal reaches meaningful vote

15 January, 2019

Rob Bastin

Today Theresa May finally puts her Brexit deal to the meaningful vote in parliament, 2 and a half years on from the UK’s referendum result to leave the EU. After years of negotiations and political upheaval, Brexit is finally reaching its conclusive period and things are developing at a rapid pace. Since Friday the pound […]

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Deal, No Deal or No Brexit?

14 January, 2019

Matthew Boyle

The focus this week will be almost solely on the unfolding Brexit saga as we await the highly anticipated UK parliamentary vote tomorrow on the current withdrawal agreement, and indeed the next few days are critical for the Pound. With most of the country and media outlets feeling it is an impossibility that this deal […]

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A Gloomy Deal or No Deal

11 January, 2019

Tamim Rahman

PM of Japan showing ‘Total support’ for the deal proposed by Theresa May and affirmed that it is the strong will of Japan to further develop their economic relationships with the UK and stated ‘we truly hope that a no-deal Brexit will be avoided, and in fact that is the whole wish of the whole […]

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May loses another vote

10 January, 2019

Nakhil Mahra

Another day, another vote, becoming an all too familiar story for the PM, but probably what would be more concerning is that she has lost yet another vote. Yesterday saw some rebel Tory MPs team up with Labour and vote against the PM. The latest defeat means the government will have to come up with […]

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New year, New rates, but for how long?

8 January, 2019

Grace Rae

Yesterday was relatively muted on the markets with little market-moving data releases out and today could be more of the same as the majority of the data is due tomorrow onwards. The Pound has made some small gains this new year from where it sat over the Christmas period providing some better trading levels, but […]

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Busy week of data as UK Brexit vote looms

7 January, 2019

Matthew Boyle

This week marks the first full week back of 2019, and one that is busy in the way of data. Last week was as expected relatively quiet, albeit we did see the Pound make a minor recovery bouncing off the lows we saw over the Christmas period, showing better than expected services growth on Friday […]

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Pound rallies against EUR, USD

4 January, 2019

Paul Newfield

This morning sees sterling having gained ground of half of a cent against the euro and a cent against the dollar when compared to trading levels of yesterday morning. This is due in part to very underwhelming data releases from the US, with nothing of note from the eurozone, there was a correction in GBP-EUR […]

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