Check out our blog every morning to see the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
GBP New UK Brexit negotiator David Frost met EU counterparts for the first time and reiterated the party line that Brexit would happen on October 31st. EU sources maintained that the Withdrawal Agreement would not be re-negotiated and that the Irish backstop couldn’t be removed.
VIEW FULL ARTICLEGBP Political fears continued to dominate Sterling sentiment with investors increasingly perturbed by the risks of a ‘no-deal’ Brexit outcome, especially with only 92 days left to find a compromise. Boris Johnson reiterated his intention for the UK to exit the EU on October 31st and that talks would continue while...
VIEW FULL ARTICLEGBP UK net lending printed above forecasts, rising to £4.8bn in June from £3.8bn in May and mortgage approvals also printed slightly higher than expected. The Pound saw the briefest of benefit before political fears intensified and Sterling dropped across the board.
VIEW FULL ARTICLEGBP The Sterling focus was squarely on political rhetoric from the UK and Europe yesterday. Following Theresa May’s last Prime Ministers questions the pre-planned ministerial resignations were accompanied by a few unexpected resignations as the Johnson administration started it’s first 100 days.
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