by Christopher Nye | Jul 3, 2020
After making a brief recovery, sterling weakened yesterday as Brexit talks, which took place in Brussels this week, have finished a day early. Both the UK and EU have said that ‘serious differences’ remain, although there has also been suggestion from the EU that...
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by Christopher Nye | Jul 2, 2020
The ‘safe-haven’ demand for the US dollar decreased yesterday and is still low this morning due to positive news about the US economy. Private payrolls increased by 2.369 million jobs last month, whilst the ISM Manufacturing PMI jumped to 52.6 in June of 2020 from...
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by Christopher Nye | Jul 2, 2020
The euro is stronger against the pound and the dollar this morning, after weakening slightly yesterday due to sterling and greenback movements. The European Union has excluded the US from its initial ‘safe list’ of countries from which the bloc allows non-essential...
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by Christopher Nye | Jul 2, 2020
After a weak start to the day, sterling strengthened slightly against the dollar yesterday afternoon. This was due to positive data from the US, which caused the greenback to edge lower, and UK manufacturing data that revealed a small increase in output. UK...
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by Christopher Nye | Jul 2, 2020
Sterling strengthened slightly yesterday after a promising data release, which indicated that the economy may be starting to mend after enduring coronavirus-related disruption. This morning, the pound is still stronger against the dollar. The US also received some...
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