by Christopher Nye | Apr 28, 2020
The dollar dipped against the pound yesterday, under pressure as worries that the US’ efforts to control coronavirus may not be enough. The Dallas Fed Manufacturing Index showed a steep decline in activity, although just shy of market expectations. Donald Trump has...
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by Christopher Nye | Apr 28, 2020
The euro is still weak against the pound, after figures from last week showed deep pessimism among German businesses over the future of the European economy. This morning’s French consumer confidence has also showed low expectations for what lies ahead. Yesterday,...
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by Christopher Nye | Apr 28, 2020
The pound has had a choppy day against the euro, as Boris Johnson returned to work and warned against impatience over ending lockdown. He said that the government would not yet be able to publish its plans for the next phase, so there are a few more days at least of...
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by Christopher Nye | Apr 27, 2020
Concerns over the future Brexit trade deal – or lack thereof – have reared their head again, after Michel Barnier said last week that little progress has been made on key issues. Worries over the combined impact of a return to WTO rules and the economic disruption of...
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by Christopher Nye | Apr 27, 2020
The dollar has had a subdued start to the day so far, but there is a busy week of data ahead, including GDP growth figures on Tuesday, expected to show a sharp drop. On Wednesday, we will also see the Federal Reserve’s interest rate decision. A recent Bloomberg survey...
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