Yearly Archives: 2019
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Last week we have seen some consistent gains for Sterling
16 September, 2019
Luke Dyson
Looking back over the last week we have seen some consistent gains for sterling with a 14 week high for GBP/EUR and an 8 week high for GBP/USD. With GBP/EUR hitting its largest intraday gain Friday since the beginning of August. This sudden rally is from speculation that changes may be made to soften the […]
Read moreParliament Suspended
11 September, 2019
Ashley Finill
This week Sterling has enjoyed a rally on the Euro gaining over a cent on the Euro since Monday opened for trading. As we have seen previously with any gains for the Pound these gains can be short lived. Members of parliament have now managed to legislate against a no-deal Brexit whilst also denying the […]
Read moreSterling strength as No Deal Brexit fears diminish
9 September, 2019
Grace Rae
Safe to say this past week has been a bit of a mess for UK Parliament. Multiple Tory sackings, opposition parties not backing the Prime Minister’s attempts to bring forward a general election ahead of the EU October summit, rumours of an election pact, and the House of Lords passed a bill to prevent a […]
Read moreUncertainty is the name of the game
6 September, 2019
Tom Arnold
What a week it has been on the markets… The tumultuous goings-on in Westminster have completely dominated the markets this week, and have for the most part been kind to the Pound. Having reached near multi-year lows against both the Euro and the US Dollar in the last couple of weeks, this week has seen […]
Read moreEye of the Brexit Storm
4 September, 2019
Rob Bastin
Yesterday parliament returned from summer recess and with it the Brexit agenda is firmly back on the table. Boris’s careless approach of using a no-deal Brexit as negotiating leverage with the EU has infuriated many MP’s in commons, including those in his own party. This had lead to MP’s from varying parties to come together […]
Read moreBoris Budges Britain Back to Brexit Brink with Ballsey Break-up
2 September, 2019
Sam Roberts
Welcome to another ‘edge of your seat’ episode of ‘What Boris Did Next’ with twists turns, proroguing, sackings and some surprise moves by the supporting cast of opposition politicians. Firstly Boris Prorogues Parliament. This is a formal term used for the end of a Parliamentary session. Normally marked with a ceremony in the House of […]
Read moreYesterday saw the pound climb back up to Friday’s levels
28 August, 2019
Simon Eastman
Yesterday saw the pound climb back up to Friday’s levels, having dropped back on the non-trading, Bank Holiday Monday. The rise came as increased media chatter surrounding opposition parties ongoing attempts to prevent a no-deal Brexit come the end of October. Labour has stated they will seek to pass a law that would force the […]
Read moreAngela Merkel open to the idea to renegotiate the Irish backstop
27 August, 2019
Luke Dyson
After the Brexit progress last week with Angela Merkel open to the idea to renegotiate the Irish backstop. It has now given the markets that glimpse it has needed to put some strength back into sterling as now a deal being struck by the 31st Oct cannot be completely written off. It has now created […]
Read moreSterling rally’s after Boris meets Merkel
23 August, 2019
Ashley Finill
This week there has been some respite for Sterling as we have seen the GBP/EUR rate climb to it’s highest point in just over 2 months. This came after Boris Johnson met with the chancellor of Germany Angela Merkel to hold talks about what his plans are with Brexit. The meeting seemingly went well with […]
Read moreBrexit Headlines driving markets
21 August, 2019
Grace Rae
Over the last couple of days Sterling has remained steady at its current levels against its majors despite the release of the Prime Minister’s letter to Donald Tusk which proposes the European Council consider looking at “alternative arrangements” for the UK-Irish border. This was quickly responded to by the EU with basically little enthusiasm to […]
Read moreArchive
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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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