Yearly Archives: 2019
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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 […]
Read moreMay’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 […]
Read moreDeal, 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 […]
Read moreA 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 […]
Read moreMay 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 […]
Read moreNew 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 […]
Read moreBusy 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 […]
Read morePound 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 […]
Read moreTraders are not Optimistic About the Pounds Fortunes
3 January, 2019
Rob Bastin
As 2019 gets underway, it would seem traders are not optimistic about the Pound’s fortunes over the coming weeks as Sterling was sold off across the board as soon as the markets re-opened. The drop in rates was despite UK Manufacturing PMI coming in much stronger than expected up to 54.2 from 52.5 the previous […]
Read moreHappy New Year from everyone at Currency Index
2 January, 2019
Simon Eastman
During UK trading, last year ended pretty well for sterling, as we saw the rates for buying currency improve across the board. The pound moved up nearly a cent against the single currency euro and to a 10 week high against the greenback, some good news for businesses and individuals looking to buy USD. There […]
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New Articles
- Brexit deal to be done, or going, going, gone? 25 November, 2020
- Sterling starts the week down from the highs of last week 16 November, 2020
- Votes are in – albeit still being counted, will Donald trump Joe? 4 November, 2020
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