by Christopher Nye | Oct 7, 2020
In a speech yesterday, President of the ECB, Christine Lagarde, said that the Bank are ready to take action to aid the economy. She said, “We stand ready to address the situation as it develops, and to calibrate and recalibrate what should be calibrated or...
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by Christopher Nye | Oct 7, 2020
The pound is volatile against the euro this morning as it continues to react towards Brexit news. This comes due to news that the EU is hardening its stance towards fisheries and not planning to offer any concessions before the Prime Minister’s deadline of the 15th of...
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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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