by Christopher Nye | Jun 29, 2020
Sterling has weakened to almost 10% below where it started the year against the euro and 7% below the US dollar. The cause of the latest fall is Brexit, and the apparent view of the government that an Australian-style trade deal with the EU (which is very similar to...
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by Christopher Nye | Jun 29, 2020
The dollar continues to benefit from its ‘safe-haven’ status, due to worries about rising infection rates in some US states, however, it has slightly weaker this morning. Infection rates have cast doubts over whether the US economy can achieve the ‘V-shaped’ recovery...
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by Christopher Nye | Jun 29, 2020
The euro was strong against the pound and dollar at the end of last week, as the European Central Bank released their meeting minutes. It is also strong this morning ahead of a meeting between German Chancellor, Angela Merkel and French President, Emmanuel Macron....
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by Christopher Nye | Jun 29, 2020
Sterling fell to its lowest level against the dollar in almost a month at the end of last week, as Brexit worries continued. This morning, it is weaker against the euro and has recovered slightly against the dollar. Brexit talks between the UK and EU are due to begin...
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by Christopher Nye | Jun 29, 2020
This week, Brexit talks between the UK and EU will kick off a busy agenda for July, with negotiations planned to take place weekly. The pound has started the week on a softer note due to worries over the progress of these upcoming talks. Over the weekend, the Prime...
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