Yearly Archives: 2019

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Political uncertainty a heavy weight

24 May, 2019

Rob Bastin

As Theresa May clings onto her position with her fingernails, Sterling exchange rates seem to be doing very much the same. After 15 consecutive days off losses for the pound, yesterday saw the first (very small) gains for sterling exchange rates. This is very unlikely a sign of further gains to come, but instead, more […]

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Mayday, Mayday, Mayday

23 May, 2019

Matthew Boyle

Yesterday saw another day of losses for the Pound as we saw increasing calls for Theresa May to resign following the huge backlash against her revised Brexit plan. After her announcement Wednesday it seemed she shot herself in the foot, as her attempt to appease Labour failed, and at the same time, she managed to […]

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Theresa, May this be your last chance?

22 May, 2019

Bradly Ronan

Mrs May said in her speech yesterday at 16:00 that this will be the last chance to leave with an arrangement in place. If this fails then we risk the chance of a no deal, general election or a second referendum. The new bill will involve some very Labour sided bolt-ons to her previous deal […]

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Muted day on the markets – Pound dropping

21 May, 2019

Nakhil Mahra

Yesterday was a muted day on the markets, with no data out with everyone seemingly waiting for Thursday’s elections. With all predictions seeing a heavy defeat for the Tories and Labour party, putting further pressure on the PM and the leader of the opposition. A heavy defeat will certainly mean any hope that Mrs May […]

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GBP slides to a 4-month low

20 May, 2019

Annabel Gorrie

Talks between the Labour and Conservative parties ended without a deal again on Friday which saw the GBP slide to a 4-month low against the USD. Last week alone we saw GBP drop 2% against the USD which is its worst week of trading in a year and GBP/EUR closed at its lowest trading level […]

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Sterling hits monthly lows

17 May, 2019

Grace Rae

Yesterday we saw the Pound take a further dip, taking it to the lowest rates we have seen since February against the Euro and Dollar. It has come to light that cross-party talks are not progressing enough or leading to any resolution despite claims that previous discussions between the Prime Minister and Labour leaders have been […]

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Brexit or Little Big Horn

16 May, 2019

Samuel Roberts

So once again Theresa May is putting another deal to the house. Make no mistake, this is Theresa Mays’ last stand.  If this deal is voted down again, Theresa May will have few options left but to leave number 10 for good but where does that leave Britain and Brexit? Well Theresa May hopes that […]

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The Usual Suspects

15 May, 2019

Samuel Roberts

Once again, uncertainty seems to be the state of play. We seeTheresa May being urged by her party  colleagues to abandon her talks with Labour (the same party colleagues who want her to resign), Nigel Farage having an impressive showing for the upcoming European elections (elections we should not even be taking part in)and promising […]

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Sterling drop continues

14 May, 2019

Rob Bastin

As we begin the new week, the price action on Sterling exchange rates has been very telling of the current sentiment. 10 days ago the pound rallied to near 2 year highs on rumours that cross party talks had made significant progress, however this speculation was quickly dampened and Sterling has now dropped for 6 […]

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Pound Down – more to come?

13 May, 2019

Matthew Boyle

Last week was a tough one for the Pound, seeing it slide across the board, and most noticeably against the USD and EUR – losing just over 1.5% against both. With the Brexit deadlock ongoing and fears that any potential cross party talks would fail, it seems the market has soured towards GBP again. There […]

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