by Christopher Nye | Sep 30, 2020
The pound is weaker this morning after Governor of the Bank of England, Andrew Bailey, said that the Monetary Policy Committee have an open mind about cutting interest rates. The markets are now looking ahead to the Brexit press conference tomorrow, which will reveal...
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by Christopher Nye | Sep 30, 2020
The dollar is stronger against the euro and the pound this morning, with both positive economic data from China and the events of last night’s Presidential debate coming into play. During the debate, both sides traded insults and issues such as the pandemic, white...
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by Christopher Nye | Sep 30, 2020
Sentiment figures for the Euro Area were released yesterday, showing that economic sentiment picked up last month, with confidence improving across all sectors of the economy, especially in services. This comes despite rising infection rates and re-imposed...
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by Christopher Nye | Sep 30, 2020
After a strong start to the day, the pound weakened slightly yesterday as Brexit talks resumed in Brussels. Positive rhetoric from last week was given a reality check as Michael Roth, Germany’s Europe Minister, said it was not helpful to “play games” during the...
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by Christopher Nye | Sep 30, 2020
Sterling hits Wednesday nearly 2% above this time last week against EUR but still down on yesterday. The cause of yesterday’s slide was the Bank of England governor suggesting he was leaving the door open on negative interest rates. The final round of Brexit...
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