by Christopher Nye | Jul 15, 2020
Sterling suffered from poorer than expected economic data yesterday, while the euro hit a 16-month high against the dollar. Yesterday the British Home Secretary unveiled new post-Brexit immigration plans, which will include a ‘health and care visa’, but overall is...
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by Christopher Nye | Jul 14, 2020
The dollar is strong this morning as global COVID-19 cases have passed 13 million mark, jumping by 1 million over the past 5 days. As infections rise in the US, many businesses are re-closing to try to curb the spread. The greenback is also stronger following a...
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by Christopher Nye | Jul 14, 2020
The euro strengthened yesterday in anticipation of the ECB meeting this week, which is due to take place on Thursday. Officials are expected to announce that they will keep interest rates the same. The EU summit is also due to take place this week, where details of...
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by Christopher Nye | Jul 14, 2020
After a positive start to the week, the pound weakened this morning against the euro and the dollar. This was due to GDP data for the UK, which showed that the economy grew by 1.8% in May. This shows that the economy was a quarter smaller in May than in February,...
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by Christopher Nye | Jul 14, 2020
Following a positive start to the week, the pound is slightly weaker this morning. This follows the release of UK GDP for May, which came in at 1.8%, highlighting the challenge that the economy faces due to coronavirus. The euro is stronger in anticipation of two big...
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