News

News

Monday 17th December 2018

Good morning

 

Last full working week until Christmas and last update of 2018. Our economic update will be back on Monday 7th January.

 

It was pretty hard not to have missed the news regarding Brexit last week with votes of no confidence and postponing the EU vote – all creating much volatility and uncertainty in the currency and stock markets.

 

GBP/EUR had much support around 1.10 and hit a high of 1.1160, opening up this morning around 1.1125.

 

GBP/USD briefly slipped below 1.25 at one point, opening up this morning at 1.2590.

 

Have a great week and wishing you a healthy and prosperous 2019.