by Christopher Nye | Jun 25, 2020
The euro took a brief knock yesterday as President Trump announced that the US would be placing more tariffs on EU goods. The US said it is considering placing tariffs on $3.1BN worth of exports from the European Union – including the UK. This is part of an...
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by Christopher Nye | Jun 25, 2020
The pound is, once again, moving in tandem with the stock markets, which fell overnight due to fears of a second coronavirus wave. However, sterling is slightly stronger against the euro and dollar this morning. Talk of a renewed shut down in the US due to an increase...
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by Christopher Nye | Jun 25, 2020
Negative rhetoric surrounding Brexit negotiations and fears of a second wave, provoked by a letter from top medics, weakened the pound yesterday. This morning, sterling is up slightly against the euro and the dollar but retains a softer tone as the stock markets fell...
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by Christopher Nye | Jun 24, 2020
The pound remained unmoved by optimistic Purchasing Managers’ Index (PMI) data yesterday, but only because the rest of Europe has similar data. There is a lot happening with currencies at the moment, including the end of the quarter, the partial end of the lockdown,...
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by Christopher Nye | Jun 24, 2020
The dollar slipped yesterday against most major currencies, as Markit PMI readings disappointed compared to the Eurozone’s and UK’s. US stock markets are braced for a wave of selling in the final days of the quarter as big investors cash in on recent rises in the...
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