by Christopher Nye | Jul 6, 2020
The euro has strengthened this morning due to positive economic data from Germany and hopes that the EU will be able to deliver their coronavirus recovery plan. German factory orders rose 10.4% in May. This was due to demand increasing after the country loosened...
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by Christopher Nye | Jul 6, 2020
The pound is weak against the euro and stronger against the dollar this morning, as it moves in tandem with the markets. Sterling is also supported due to fresh optimism over Brexit talks, which are due to resume in London this week. Despite ending last week on a low...
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by Christopher Nye | Jul 6, 2020
After ending a day early in Brussels last week, Brexit talks will resume in London today. After a tough week of negotiations with sticking points remaining on both sides, there are hopes that this week will bring fresh progress. The euro is strong this morning as more...
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by Christopher Nye | Jul 3, 2020
The dollar weakened yesterday and is soft this morning following a positive Non-Farm Payrolls report, which exceeded expectations. Data showed that the US economy added 4.8 million jobs in June, the most on record and beating expectations of 3 million. This caused the...
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by Christopher Nye | Jul 3, 2020
There has been mixed rhetoric from the EU regarding the latest round of Brexit talks. They’ve said that “serious differences” still remain between the two sides. However, EU officials added, “one positive is that the UK now appears to understand our position more...
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