Anyone uneasy about Brexit should glance across the Channel and console themself that things are not exactly going swimmingly over there either. Wednesday brought some unpleasant Euroland production numbers and...
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Investors may have been frustrated by former Foreign Secretary Boris Johnson’s comments about the movements of the pound but the market reacted more to the continuing lack of clarity with less than 50 days to go until Brexit...
To watch last night's parliamentary votes was fascinating in more ways than one. First, with each amendment's defeat by the government, sterling ticked lower...
To describe today's Commons votes as crucial for Britain would be an exaggeration: there have been a dozen or more of these supposedly pivotal moments over the last couple of years and nothing has happened.
The generally downbeat tone of the words and numbers out of Euroland led to the euro bringing up the rear on Thursday. It recouped some of the losses on Friday, leaving it 2.2% lower on the week against sterling.
The efforts continue in Westminster to prevent a no-deal departure and investors are appreciative.
It has been an exciting start to the new Brexit season. On two days in succession backbench MPs have defeated the government.
On Wednesday Apple, a US technology company, downwardly revised its revenue forecast, citing falling sales in China.
Since Monday morning GBP/USD has covered a range of +/- 0.3% and it is net unchanged over the three days.
The early signs this morning were that sterling was taking it well but between now and tomorrow's vote a lot of water must pass under the bridge.