January 21, 2019
Hand drawing a red line between the UK and the rest of the European Union. Concept of Brexit. The UK is thus on course to leave the EU on 29 March 2019

This Week’s Brexit Vote and How It Affects You

A summary of what went on. It’s fair to say it’s been a long 2 years since June 2016. As was expected by many sceptics, the proposed deal that was hashed together by Theresa May’s government was comfortably rejected by a whole 230 votes which is now a record margin on any vote for an […]
January 20, 2019
European Union flags in front of the blurred European Parliament in Brussels, Belgium

ECB Warns of Consequences of Disorderly Brexit – Could Brexit Be More Detrimental to Europe’s Economy Than the UK’s?

Early last week the ECB stepped up their warnings about the potential consequences of a disorderly Brexit and the likelihood of a no-deal Brexit. The ECB’s speech came just a day after UK parliament rejected Theresa May’s Brexit deal. The bleak outlook was shared by the Austrian central bank governor Ewald Nowotny who warned that […]
January 17, 2019
European Union and British Union flag flying against Big Ben in London, England, UK, Stay or leave, Brexit

May’s Brexit Vote Embarrassment Lifts Pound as Traders Bet on Remain

Incredibly Pound exchange rates appreciated following the landslide vote held in the house of commons. May’s proposal was unequivocally turned down by the vast majority which will take her firmly back to the drawing board. Investors had clearly guessed correctly and rather than a large depreciation in the Pound the GBP strengthened as sentiment moved […]
December 24, 2018
The Bank of England in Threadneedle Street London

BOE Warns Again on Effects of a No Deal Outcome and Keeps Rates on Hold

Sterling slipped in Thursday’s Bank of England statement, this was despite better than anticipated retail sales and risk-averse investors taking a wider berth on the US Dollar following the very real possibility of a US government shutdown. Much of Sterling depreciation was due to the warning that Carney voiced against the increasing likelihood that the […]
December 18, 2018
pound sterling bank notes

Pound/Dollar in the Spotlight This Week like Never before – and Here’s Why

Last week in summary Another start to the week and pound pushed up touching $1.26 and remained in and around that level due to a lack of influential data from either side of the pond. The Pound to US Dollar exchange rates were met by volatility last week as political turmoil in the UK spooked […]
December 18, 2018
Bull market, Financial and business concept

Bull Markets No More? When Will Financial Markets and Sterling Bottom Out?

Any form of media outlet in the UK when writing about financial markets, currency or growth outlook is predicting post-Brexit, the UK will fall into the abyss. This has created a sentiment of uncertainty and panic. As a result, there are likely to be some “short” opportunities for the FTSE index, along with sterling too. […]
December 10, 2018
brexit concept - Union Jack flag and iconic Big Ben in the backg

Pound Exchange Rates Tumble as Brexit Approaches Parliament Vote

Pound exchange rates have capitulated as the UK appears to be willing to turn down Theresa May’s deal and take another run at the EU or look to dethrone the troubled leader.  The PM requires the support of 320 MP’s on Tuesday evenings vote. Currently, the if estimates are accurate, it would appear that May […]
November 26, 2018
Two chess pawns with UK and European flags

Pound / Dollar Recovers as May and EU Agree Future Union

The Pound recovered reasonably well this week despite, the undoubtable turmoil the UK Brexit deal now faces. Whilst support for Mays deal would appear minimal the PM plans a campaign run shortly in order to gain support for the agreement. It is believed that the future union between the UK and EU is agreed, this […]
November 20, 2018
Fallen dominoes on pound, euro and dollar bank notes illustrating banking crisis

Pound Plunges as Cabinet Member Dissert May’s Government

The Pound jumped off a cliff this week as May’s Brexit draft agreement prompted a handful of cabinet members including the Brexit secretary Dominic Raab to resign. Slightly peculiar, bearing in mind Raab has resigned following the delivery of a Brexit deal he had negotiated with May and a few others. The resignations prompted the […]