News

News

Monday 21st January 2019

Good morning

 

GBP/EUR touched 1.1405 briefly Friday after London hours trading and opens up this morning just below 1.13.

Similarly, GBP/USD was up just below 1.30 but back to 1.2850 this morning.

 

The US are closed for ‘Martin Luther King Day’ while Theresa May looks for a solution to break the Brexit deadlock by possibly amending the Good Friday agreement.

 

Further volatility and uncertainty is set to continue this week, with fresh signs that Chinese economy may be slowing down, following a fall in their GDP to the lowest rate since the financial crisis. The FT have quoted this may well ‘drag down the global economy’.

 

Have a great week.