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Home » Archive

Articles Archive for July 2019

Brexit, Currencies, French News »

Brexit and Boris
[23 Jul 2019 | No Comment | ]
The pound traded in a wide range last week as growing fears of a no-deal Brexit saw the UK currency collapse. GBP later clawed back some of its losses thanks to some upbeat data, but Sterling is back on the defensive at start of this week, with GBP/EUR dipping to €1.1107 and GBP/USD sliding to [...]

Brexit, Currencies, French News »

Brexit speculation continues to dominate pound outlook
[16 Jul 2019 | No Comment | ]

Stability Report encouraged the pound to recover some of its lost ground ahead of the weekend, in spite of lingering Brexit-based uncertainty.

Brexit, French News »

UK contraction drags on pound
[8 Jul 2019 | No Comment | ]
A trio of underwhelming UK PMIs prompted the pound to slump sharply last week as investors bet on the prospect of a second quarter growth contraction. Worries over the health of the Eurozone economy also picked up in the face of a sharp fall in German factory orders, leaving the euro under pressure. Friday’s stronger-than-expected [...]

Brexit, Currencies, French News »

Pound hits multi-month lows, euro fluctuates
[2 Jul 2019 | No Comment | ]
The pound put on a poor performance last week, with investors focused on Boris and Brexit. However, it wasn’t plain sailing for the euro or US dollar either as both currencies came up against their own headwinds. The pound hit new multi-month lows against the euro and US dollar last week as political uncertainty and [...]

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