by Christopher Nye | Sep 7, 2020
It’s Labour Day in the US today, so there are no data releases for the US. However, the dollar strengthened slightly after the release of Non-Farm Payrolls on Friday. Data showed that the US economy added 1.371 million jobs in August, below a revised 1.734 million in...
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by Christopher Nye | Sep 7, 2020
The euro is fairly strong against the dollar and the pound this morning, ahead of the ECB’s press conference this Thursday. Whilst no major policy decisions are expected, recent euro strength, which was flagged as a concern by the ECB’s Chief Economist recently, is...
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by Christopher Nye | Sep 7, 2020
The pound is mildly weaker this morning against the euro and the dollar as Brexit concerns weigh. Official negotiations resume this week and the Prime Minister is expected to announce today that, if a deal cannot be agreed on by the 15th of October, then the UK will...
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by Christopher Nye | Sep 7, 2020
The eighth round of Brexit negotiations is due to begin this week between the UK and the EU. Tensions between the two sides are rising, however, after reports that UK ministers are planning to override part of the Withdrawal Deal. More news on how negotiations are...
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by Christopher Nye | Sep 7, 2020
The pound fell overnight on the news of more Brexit trade talk problems. However it starts the week more or where it was this time last Monday against the euro and only about a cent down against the US dollar. Given where we are in the Brexit saga according to this...
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