Focus on Mark Carney’s Speech
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- July 11, 2018
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In Europe, German Chancellor Angela Merkel said UK PM May’s new Brexit proposal, after Friday’s Cabinet agreement meeting at Chequers, was a “solid step forward”. Today though, the market maybe more focused on BoE Governor Carney’s speech this afternoon in Boston, particularly with the August MPC meeting just over three weeks away. Speaking in Newcastle […]
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10/07/2018 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- July 10, 2018
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Sterling rose from the day’s lows we reached yesterday afternoon though investors were wary of pushing it higher before data that may raise hopes of an interest rate hike […]
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Industrial output and manufacturing data disappointed
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- July 10, 2018
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Sterling rose from the day’s lows we reached yesterday afternoon though investors were wary of pushing it higher before data that may raise hopes of an interest rate hike in August and rising political uncertainty after the resignation of two top ministers. Boris Johnson followed Brexit minister David Davis in resigning in opposition to May’s […]
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09/07/2018 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- July 9, 2018
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. UK Brexit Secretary David Davis and two other government ministers resigned overnight, just two days after the ‘soft’ Brexit agreement at Chequers. In Mr Davis’s resignation letter, he argues […]
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David Davies Resigns
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- July 9, 2018
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UK Brexit Secretary David Davis and two other government ministers resigned overnight, just two days after the ‘soft’ Brexit agreement at Chequers. In Mr Davis’s resignation letter, he argues that the agreement made it ‘less and less likely’ that the manifesto commitment to leave the Customs Union and the Single Market will be delivered. Pro-Brexit […]
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06/07/2018 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- July 6, 2018
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. UK PM May hosts the Cabinet at Chequers today, where an agreement on the content of the government’s White Paper on a third post-Brexit trading arrangement, dubbed a “facilitated […]
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Is the Brexit plan unworkable?
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- July 6, 2018
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UK PM May hosts the Cabinet at Chequers today, where an agreement on the content of the government’s White Paper on a third post-Brexit trading arrangement, dubbed a “facilitated customs arrangement”, will be sought. The White Paper is expected to be published next week. It remains to be seen whether it will have the backing […]
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05/07/2018 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- July 5, 2018
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. In the UK, all eyes will be on Bank of England Governor Mark Carney’s speech at 11:00 am in Newcastle. Following the recent run of upbeat UK economic data […]
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70% chance of UK rate hike in August
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- July 5, 2018
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In the UK, all eyes will be on Bank of England Governor Mark Carney’s speech at 11:00 am in Newcastle. Following the recent run of upbeat UK economic data releases and BoE chief economist Andy Haldane’s surprise shift last month to support an immediate hike in interest rates, market expectations for an August rate hike […]
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04/07/2018 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- July 4, 2018
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The pound edged up this morning ahead of a survey on Britain’s dominant services sector which traders said could lift the currency after decent numbers from the manufacturing and […]
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