by Christopher Nye | Nov 19, 2020
The pound is weaker against the euro and the dollar this morning, ahead of the EU summit later today. Leaders of the EU’s 27 member states will address the outstanding issues in negotiations, such as fisheries and the level playing field. They are expected to make a...
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by Christopher Nye | Nov 19, 2020
The pound is weaker ahead of the EU summit, which is due to take place today and tomorrow. There have been reports that the EU will make a final push for concessions from the UK, as issues surrounding fisheries, the level playing field and how to govern the deal...
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by Christopher Nye | Nov 18, 2020
The dollar is weaker this morning as recent economic data shows that the pandemic is affecting consumer behaviour. U.S. retail sales rose by just 0.3% in October, at the slowest pace in six months, while the previous month saw a downwardly revised 1.6% gain. This...
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by Christopher Nye | Nov 18, 2020
The euro is continuing to strengthen against the dollar as positive vaccine news and flattening COVID-19 cases across Europe help it to climb higher. Hungary and Poland have blocked approval of the EU’s budget, which includes the €750bn COVID recovery fund, over...
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by Christopher Nye | Nov 18, 2020
The pound is well supported against the euro and the dollar this morning on cautious optimism that a Brexit trade deal will be finalised next week. Reports suggest that France has accepted that their fishing rights will be reduced in UK waters, which is a major...
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