September 11, 2018

Did Germany Offer the UK Brexit Deal Hope? FX Markets Think So

The Pound appreciated significantly this week as a number of comments from Europe boosted GBP exchange rates, with comments from Germany and chief EU negotiator Michel Barnier striking a positive tone and insinuating that the UK and EU may still have the opportunity to strike a mutually beneficial deal. The more positive murmurs from Europe […]
August 17, 2018

The Pound Hits 2018 Low as No Deal Seems More Probable

The Pound has been battered this week following a handful of stray comments on the likely outcome of UK’s collaboration with the EU. Whilst the primary losses were caused by comments from the international trade secretary Dr Liam Fox a series of Tory related backbiting and controversy has once again highlighted the party’s soft centre […]
July 18, 2018
Brexit London 2018

Brexit on the Rocks? Pound Falls on Uncertainty

This week has been one for Theresa May to forget; the cabinet took time away to thrash out a deal at Chequers which has seen key party members leave.
June 11, 2018
Brexiteers

Brexit Comes Back to Focus – Bringing GBP Volatility

In the last few weeks, Brexit has come back in focus, providing more GBP volatility. Whilst many believe GBP-Euro will continue to remain range bound, trading between 1.13 and 1.14 this week there are some key elements data for the pound.
October 7, 2017
GBP USD rate

GBP/USD Slides Following UK Political Uncertainty

The GBP/USD slid dramatically this week following continual uncertainty surrounding the likelihood of Theresa May continuing as the Conservative party leader and Prime Minister. The reports followed an extremely uncomfortable Conservative party conference. During the conference a comedy unfortunate events unfolded including props falling from a back-drop screen, Theresa May suffering from a coughing fit […]