by Christopher Nye | Apr 17, 2020
The dollar maintained its strong position yesterday, as investors continued to opt for safe-haven assets. However, it’s rally has eased this morning on news of a successful drug trial for a coronavirus treatment and also on hopes that several US states will ease...
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by Christopher Nye | Apr 17, 2020
Euro is choppy as Brexit talks resume via video conference. The UK has said that it will not propose or accept an extension to this year’s transition period, sparking worries among investors in both the EU and the UK. With such a tight timescale, Michel Barnier has...
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by Christopher Nye | Apr 17, 2020
The pound was still under pressure yesterday as the government confirmed that lockdown restrictions would continue. However, it has steadied against both the euro and dollar this morning. Dominic Raab announced yesterday that social distancing restrictions will be in...
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by Christopher Nye | Apr 17, 2020
The pound ended yesterday with a small downward tick, after Dominic Raab confirmed that lockdown measures would stay in place for at least three more weeks. Despite the coronavirus crisis, the UK government has also said that it will not propose or accept an extension...
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by Christopher Nye | Apr 16, 2020
The dollar was stronger yesterday and is up this morning as safe-haven currencies are in favour once again. This was due to news that the global economy is expected to shrink this year. Retail sales in the US plunged 8.7% month-on-month in March of 2020, worse than...
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