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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by Christopher Nye | Nov 18, 2020
The pound is stronger against the euro and the dollar this morning due to cautious optimism that a Brexit trade deal can be agreed very soon. However, negotiators still face several hurdles and yesterday, the Prime Minister reiterated his view that the UK will...
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