Currency Forecasts
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Therese May set for a vote of no confidence
As expected Prime Minister Theresa May lost her Brexit vote in the commons last night, the heaviest loss for UK Prime Minister in nearly 100 years. As a result of the loss the leader of the opposition, Jeremy Corbyn has…
Read MoreBrexit vote due today
Today we will finally see MP’s have their ‘meaningful’ Brexit vote in parliament, but will it actually mean anything? I won’t go in to too much detail this morning as all news outlets are giving decent coverage on what is…
Read MoreCalm before the storm? Pound/Euro exchange rates
Pound/Euro exchange rates are trading steadily this morning ahead of the key Brexit vote in parliament tomorrow. There are a number of potential outcomes from this, as explored by my colleague Alastair in detail last week, and for this reason…
Read MorePound surges on Brexit news
Further to my colleague Alastair’s post the pound has rallied on news that Brexit could be delayed. Rumours have circulated, that even should PM Theresa May pass her Brexit bill on Tuesday, it has been suggested there will not be…
Read MoreBrexit to be delayed….
News is breaking that a Cabinet Minister has reported that Brexit is to be delayed beyond March 29th. The Pound has shot up as a result by about 0.8%. We’ll post more when we know, but I suspect the gains…
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