News

News

Monday 19th November 2018

Good morning

 

Sterling suffered its biggest fall of 2018 last week following the resignation of the Brexit secretary along with other cabinet ministers, spiking fears of a no-confidence vote in Theresa May.

 

GBP/EUR was over 2 cents down at 1.1230 at one point with GBP/USD down to just below 1.2725.

They opened up this morning at 1.1260 and 1.2865 respectively.

 

It looks set to be another volatile and uncertain time ahead with the US closed Thursday for Thanksgiving.

 

Have a great week.