Articles Archive for October 2019
Brexit, Currencies, French News »
Last week saw GBP investors cheer news that UK and EU negotiators had reached a consensus, sharply reducing fears for a no-deal outcome in October and boosting the pound across the board. The Democratic Unionist Party (DUP) refused to endorse the proposed deal, with Arlene Foster claiming the agreement ‘traps’ Northern Ireland in the single [...]
Brexit, Currencies, French News »
An unexpected breakthrough in Brexit talks last week helped to drive the pound to fresh multi-month highs ahead of the weekend and saw fears for a no-deal scenario diminished. Increasing concern for the Eurozone economy, meanwhile, saw the euro struggle to gain ground in the face of fresh US tariffs. Heightened US protectionism dented US [...]
Brexit, Currencies, French News »
The pound rose sharply across the board on Friday, driven by hopes for a Brexit breakthrough between UK and EU officials. As UK and EU officials agreed to hold intensive ‘tunnel’ negotiations over the weekend the mood towards the pound dramatically improved, buoyed by hopes that a Brexit breakthrough might finally be on the cards. [...]
Brexit, Currencies, French News »
An initially positive reaction to Boris Johnson’s Brexit proposal was not enough to keep the pound on an uptrend for long, with the Irish border issue still proving contentious. As EU officials showed little enthusiasm for Johnson’s ‘final offer’ a sense of Brexit-based anxiety soon started to drag on GBP exchange rates again. With French [...]