by Christopher Nye | Oct 7, 2020
The pound continues to react to Brexit updates as negotiations intensify this week. News that the EU has hardened its stance towards fisheries has prompted speculation that talks could run into November. President of the ECB, Christine Lagarde, said yesterday that...
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by Christopher Nye | Oct 6, 2020
The dollar is weaker against the pound and the euro this morning, as news that President Trump has left hospital led investors away from safe-haven currencies. News that Democrat leader Nancy Pelosi and Treasury Secretary Steven Mnuchin are in discussions over a...
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by Christopher Nye | Oct 6, 2020
The euro strengthened yesterday after a series of positive PMI data. Composite PMI was expected to fall into contraction territory in September but stayed in growth territory. This suggests that the effect of rising infection rates and restrictions wasn’t as bad as...
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by Christopher Nye | Oct 6, 2020
The pound is slightly weaker against the euro and stronger against the dollar, as Brexit remains the focus. A spokesperson for the Prime Minister said that the EU needs to show “more realism” if it wants to find a resolution on fisheries. Johnson also said that whilst...
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by Christopher Nye | Oct 6, 2020
The dollar is weaker against the pound and the euro this morning on news that President Trump has returned to the White House from hospital after testing positive for COVID-19 last week. As a safe haven currency, the dollar tends to strengthen in times of crisis. The...
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