GBP: Sterling weaker as talks continue

The pound had its biggest daily fall in three months against the euro yesterday after expectations for a ‘no-deal’ Brexit increased. Speaking after his meeting in Brussels with the European Commissioner, the Prime Minister said yesterday that there is a “strong...


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Pound weaker as no-deal a “strong possibility”

The pound has weakened against the euro and the dollar as the Prime Minister said yesterday that leaving the EU without a trade deal is a “strong possibility”. He explained that the two sides are still far apart on key issues. On Sunday, the UK and the EU are expected...


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USD: US stimulus talks stall

The dollar is weaker this morning as the markets keep an eye on the progress of agreeing a coronavirus relief package for the US economy. Democrats and Republicans managed to agree on a ‘stopgap’ government funding bill yesterday, however they are still unable to...


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EUR: ECB meeting and EU summit today

The ECB will release their latest interest rate decision later today. Whilst they are expected to keep the rate the same, it’s thought that officials will announce additions to their stimulus programme to help the European economy recover from the effects of the...


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GBP: A Brexit trade deal by Sunday?

The pound has weakened against the euro and the dollar this morning, after the UK and the EU have decided that Sunday should be the final deadline to agree a trade deal. Prime Minister Boris Johnson and President of the European Commission, Ursula von der Leyen,...


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