by Christopher Nye | Oct 22, 2020
The pound is strong against the euro and the dollar this morning, rising on news that the UK and EU have agreed to engage in intense Brexit negotiations. After Chief Negotiator, Michel Barnier, acknowledged yesterday that concessions need to be made by the EU, David...
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by Christopher Nye | Oct 21, 2020
The dollar is weaker this morning as hopes have increased for a stimulus bill from Congress. The bill will supply extra aid for the US economy in the midst of the pandemic. After pressure from a string of negative opinion polls, President Trump has said that he will...
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by Christopher Nye | Oct 21, 2020
The euro is strong this morning against both the pound and the dollar. A strong auction for EU bonds is thought to have helped the single currency, which saw the European Commission auction 10y and 20y supranational social bonds to finance its €100bn SURE programme....
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by Christopher Nye | Oct 21, 2020
The pound is slightly weaker against the euro this morning, but still well supported overall as Brexit news continues to have an impact. UK and EU talks appear to have reached a stalemate EU Chief Negotiator, Michel Barnier, saying that his side is ready to talk, but...
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by Christopher Nye | Oct 21, 2020
Despite a stalemate in Brexit negotiations after the EU summit last week, the markets are still holding out for talks to resume, possibly in the coming days. Michel Barnier has declared that the EU side is ready to start negotiations again, but the UK has been less...
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