Individuelles FX-Risikomanagement, das Ihr Unternehmen vor Wechselkursschwankungen schützt: Zum FX Leitfaden.
-
CH - DE
- Australia - English
- België - Nederlands
- Belgique - Français
- Canada - English
- Česká Republika - Čeština
- Deutschland - Deutsch
- España - Español
- France - Français
- Ελλάδα - Ελληνικά
- Hong Kong - Traditional Chinese
- Hong Kong - English
- Italia - Italiano
- Luxembourg - English
- Nederland - Nederlands
- Polska - Polski
- Portugal - Português
- România - Română
- Schweiz - Deutsch
- Suisse - Français
- United Arab Emirates - English
- United Kingdom - English
Contact our experts
Ebury London
100 Victoria Street
London
SW1E 5JL
+44 (0) 20 3872 6670
[email protected]
Ebury.com
Sterling edges lower as Johnson announced as PM
- zurück
- Latest
23 July 2019
The Pound edged lower against its major peers this morning as investors braced for the expected appointment of Boris Johnson as the next British Prime Minister.
With Johnson the most vocal in his openness to a ‘no deal’ Brexit, Sterling has been on a fairly sharp downward trend in the past few weeks as markets grew increasingly assured of his victory. While his appointment, announced at around midday today, was heavily priced in, confirmation sent the Pound modestly lower this morning.
His immediate mandate will, of course, be trying to force a Brexit deal through parliament. There have been reports that the EU are open to another delay to the 31st October deadline. Yet, with Johnson adamant that the UK will leave the bloc come what may at that date, he will need to find a solution that enables a withdrawal agreement to pass in a House of Commons vote. We are increasingly of the opinion that this will require a general election.
Fed’s Rosengren states US rate cut not required
Some relatively upbeat comments from Federal Reserve member Rosengren helped lift the US Dollar to a near two month high against the Euro this morning, fairly remarkable given the sky high expectations for US rate cuts.
Rosengren suggested that she was not in support of an imminent interest rate cut, saying that the US economy was strong and that easing would not be required. Given that Rosengren is a voting member on the FOMC her comments are pretty significant. That being said, she remains a bit of an outlier and it appears that even if she were to vote for stable rates next week, there would be enough support among the committee for an immediate cut.
Data is relatively light on the ground in the currency markets this week, with most of the attention on the next UK PM announcement. US housing data out this morning could prove a market mover if it materially deviates from consensus.
Privacy Overview
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-advertisement | 1 year | Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . |
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Cookie | Duration | Description |
---|---|---|
_ga | 2 years | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. |
_ga_VKKLQGLB51 | 2 years | This cookie is installed by Google Analytics. |
_gat_gtag_UA_51187572_40 | 1 minute | This cookie is set by Google and is used to distinguish users. |
_gid | 1 day | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
pardot | past | The pardot cookie is set while the visitor is logged in as a Pardot user. The cookie indicates an active session and is not used for tracking. |
Cookie | Duration | Description |
---|---|---|
_lfa | 2 years | This cookie is set by the provider Leadfeeder. This cookie is used for identifying the IP address of devices visiting the website. The cookie collects information such as IP addresses, time spent on website and page requests for the visits.This collected information is used for retargeting of multiple users routing from the same IP address. |