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 ARTICLEPosted in Daily Market News on Aug 1 2019 by Rob Affleck
GBP 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 ARTICLEPosted in Daily Market News on Jul 31 2019 by rob affleck
GBP 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 ARTICLEPosted in Daily Market News on Jul 30 2019 by Rob Affleck
Posted in Daily Market News on Jul 29 2019 by Ben Kohler
Posted in Daily Market News on Jul 26 2019 by Ben Kohler
GBP 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.
VIEW FULL ARTICLEPosted in Daily Market News on Jul 25 2019 by Alex Coates
Posted in Daily Market News on Jul 24 2019 by Rob Affleck
Posted in Daily Market News on Jul 23 2019 by Rob Affleck
Posted in Daily Market News on Jul 22 2019 by Rob Affleck
Posted in Daily Market News on Jul 19 2019 by Rob Affleck
Each morning, we deliver the latest on anything that can affect the world’s major currencies, from political developments to economic data releases, straight to your inbox.
It’s free, informative, and gives you the insight you need to navigate the sometimes complex world of international money transfers