[vc_row][vc_column][vc_column_text]Friday’s UK gross domestic product data proved mixed in nature, leaving the pound with limited support ahead of the weekend. Although the headline annual first quarter gross domestic product accelerated from 1.4% to 1.8% as forecast this failed to ease market worries over the underlying health of the UK economy. Investors were disappointed as the […]

[vc_row][vc_column][vc_column_text]Brexit uncertainty saw the pound struggle last week as markets braced for the possibility of the UK leaving the EU without a deal, although GBP did later recoup some of its losses on signs of progress. The mood towards the euro soured significantly, meanwhile, as the German manufacturing sector saw its worst monthly performance in […]

[vc_row][vc_column][vc_column_text]As the last week’s raft of parliamentary votes saw the odds of a no-deal Brexit decline this helped the pound to make fresh gains against its rivals, in spite of an ongoing sense of political uncertainty. Confidence in the euro, meanwhile, eased as the latest German inflation data saw a surprise downward revision. With the […]

[vc_row][vc_column][vc_column_text]The pound fell back against the majority of its peers last week, limping over the finishing line as Brexit jitters rocked the currency ahead of a series of key votes. Sterling appears steady at the start of this week, with GBP/EUR flat at €1.1571, while GBP/USD holds at US$1.3009. Looking to the week ahead, we […]

[vc_row][vc_column][vc_column_text] Lower odds of no-deal Brexit spur pound surge The pound climbed to multi-month highs against the majors as worries over the threat of a potential no-deal Brexit eased, benefitting from the promise of additional parliamentary votes. A better-than-expected uptick in February’s German consumer price index offered support to the euro, meanwhile, as inflation in […]

UK currency was hit by fresh Brexit uncertainty and mixed economic data. Does this effect expats and french mortgages? Ask an expert…

Fresh signs of a slowdown with the German manufacturing sector drove the euro down last week with the Eurozone now looking increasingly unlikely to recover its lost economic momentum.

[vc_row][vc_column][vc_column_text]The pound enjoyed its fourth week of consecutive gains last week, with Sterling striking new multi-month highs against its peers as it was bolstered by a growing feeling that the UK will avoid a no-deal Brexit. Sterling appeared to have run out of steam this week however, with GBP/EUR dipping to €1.1538 and GBP/USD flat […]

The pound continued to trend higher last week as investors became increasingly optimistic of a no-deal & brexit will be avoided

[vc_row][vc_column][vc_column_text]Pound comes under pressure as UK political uncertainty persists Political volatility in the UK prompted sharp movement for the pound over the course of the last week as Theresa May saw off a leadership challenge, securing her position for another twelve months. While the European Central Bank (ECB) followed through on plans to end its […]