by Christopher Nye | May 18, 2020
As we approach the third month of lockdown in the UK, the pound has weakened almost 3% against the euro since this time last week. The most obvious cause was an interview with Andy Haldane, chief economist at the Bank of England, who said that the Bank is looking at...
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by Christopher Nye | May 15, 2020
Euro has started this morning slightly up against the pound, helped by a recovery in German stocks from its previous three-month low. Nonetheless, GDP figures have just come in showing a 2.2% drop in Germany, so we may see further movement today. Eurozone-wide figures...
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by Christopher Nye | May 15, 2020
The pound is drifting down against the euro this morning, as speculation mounts of very little progress made in this week’s round of Brexit talks. Both sides are reportedly still reluctant to shift from their red lines. German GDP figures have just come in, showing a...
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by Christopher Nye | May 15, 2020
The dollar is up against the pound this morning, following figures showing that continuing joblessness claims in the US, while hitting an all-time high, are not at levels that the market had forecast, raising hopes that the increase is slowing. Donald Trump also gave...
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by Christopher Nye | May 15, 2020
The pound is drifting lower against the euro this morning, ahead of an announcement of progress – or not – made in the latest Brexit talks. So far, it appears that not much has changed, with both sides ‘flatly refusing’ compromise. Meanwhile, the European Commission...
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