by Christopher Nye | Feb 28, 2020
The dollar weakened yesterday as expectations of an interest rate cut from the Federal Reserve increased, due to the fact that the number of coronavirus cases are growing faster outside of China than inside. The US had its first unexplained case of coronavirus this...
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by Christopher Nye | Feb 28, 2020
The euro hit almost a month’s high earlier yesterday, after the UK revealed that it would contemplate returning to WTO terms if a broad outline of a deal had not been agreed by June. In a less positive sign, French GDP growth figures entered negative figures...
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by Christopher Nye | Feb 28, 2020
The pound fell to a three-week low yesterday as the UK released their negotiating mandate for UK-EU trade talks. British officials confirmed their hard-line stance, saying that the government will walk away from trade talks in June unless there’s a ‘broad outline’ of...
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by Christopher Nye | Feb 28, 2020
The UK has released its trade talk mandate, with Michael Gove telling Parliament that the Government could walk away from negotiations in June if there is not a broad outline of a deal by then. Likewise, continued uncertainty over the line Rishi Sunak will take...
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by Christopher Nye | Feb 27, 2020
The dollar was stronger yesterday, rising with the US equity markets. However, gains were minimal and it is weaker this morning as worries over coronavirus and its possible effect on the US economy continues to weigh. The markets are already pricing in an interest...
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