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Politics and Central Banks to affect GBPEUR this week

GBPEUR

Good morning. GBPEUR rates have slipped into the €1.13’s this week, giving up the gains we saw last week. GBPEUR rose into the €1.14’s after the European Central Bank (ECB) cut growth forecasts. this had weakened the Euro and pulled…

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GBPEUR lower after Commons vote

Good morning. GBPEUR has drifter lower this morning after yesterdays Commons vote. The government averted a Rebellion by pro-EU MPs by offering a meaningful vote on the final deal agreed with the EU. This meant they could overturn a series of amendments made…

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Sterling moving higher ahead of Brexit vote

Today MPs are taking part in a debate ahead of a Brexit vote tomorrow. Specifically, they are voting on amendments by the house of Lords that want to make changes to the Brexit withdrawal bill. It was looking like perhaps the…

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