Foreign Exchange Daily Market Update 18/01/19
Mon, February 18, 2019
Theresa May looks to the EU to help save Brexit as Ministers rebel over No-Deal.
Theresa May will head to Europe in a major diplomatic drive to ask EU leaders to help save her Brexit deal, as she faces a mutiny from Cabinet ministers who want to stop the U.K. leaving without a deal. The PM’s allies believe she has just nine days left to save her strategy before members of Parliament run out of patience, and step in to take over the process in a vote scheduled for Feb. 27.
As the clock runs down, Theresa May’s has sent her ministers across Europe in an attempt to persuade the EU to make concessions so that doubtful colleagues in her Conservative Party can vote for a re-written deal.
The Pound rose to $1.29034 this morning against the dollar. Sterling strengthen to 1.1405 against the Euro.
Data to look out today.
Not much data due out today.
The US is closed today due to National holiday.
CURRENCY PAYMENTS MADE SIMPLE
PRESS RELEASE
KBRFX was mentioned in the Essex Chronicle for the top 100 companies by turnover in Essex http://www.essexchronicle.co.uk/100-Essex-businesses-revealed-annual-survey/story-25140555-detail/story.html
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