Articles Archive for March 2019
Brexit, Currencies, French News »
Brexit uncertainty saw the pound struggle last week as markets braced for the possibility of the UK leaving the EU without a deal, although GBP did later recoup some of its losses on signs of progress. The mood towards the euro soured significantly, meanwhile, as the German manufacturing sector saw its worst monthly performance in [...]
Brexit, Currencies, French News »
As the last week’s raft of parliamentary votes saw the odds of a no-deal Brexit decline this helped the pound to make fresh gains against its rivals, in spite of an ongoing sense of political uncertainty. Confidence in the euro, meanwhile, eased as the latest German inflation data saw a surprise downward revision. With the [...]
Brexit, Currencies, French News »
The pound fell back against the majority of its peers last week, limping over the finishing line as Brexit jitters rocked the currency ahead of a series of key votes. Sterling appears steady at the start of this week, with GBP/EUR flat at €1.1571, while GBP/USD holds at US$1.3009. Looking to the week ahead, we [...]
Brexit, Currencies, French News »
Lower odds of no-deal Brexit spur pound surge The pound climbed to multi-month highs against the majors as worries over the threat of a potential no-deal Brexit eased, benefitting from the promise of additional parliamentary votes. A better-than-expected uptick in February’s German consumer price index offered support to the euro, meanwhile, as inflation in the [...]