by Christopher Nye | Jul 1, 2020
The pound strengthened briefly against the dollar and euro yesterday due to technical factors, however, this strength was short-lived due to ongoing pressures from Brexit and the coronavirus crisis. Boris Johnson released his new plans for the UK’s economic...
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by Christopher Nye | Jun 30, 2020
The dollar was weaker yesterday as the global markets opened higher, indicating market optimism despite a growing number of coronavirus cases. It is still strong against the pound, however. Today, we’ll hear a series of speeches from Federal Reserve officials and Fed...
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by Christopher Nye | Jun 30, 2020
The euro had a strong start to the week, receiving a mild boost due to improvements in Eurozone confidence indications and better-than-expected German inflation rate data. Later today, inflation rate figures for the Eurozone will be released. The year-on-year figure...
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by Christopher Nye | Jun 30, 2020
The pound has reached a three-month low against the euro as Brexit negotiations between the UK and EU resumed. Over the weekend, the Prime Minister said that the government would be happy with an ‘Australian style’ trade deal, which would be a basic deal based on WTO...
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by Christopher Nye | Jun 30, 2020
The pound is still suffering this morning due to Brexit worries, concerns over the government’s plans to increase spending on infrastructure and weak GDP data. Negotiations between the UK and the EU resumed yesterday, with hopes that they will reach a deal before...
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