by Christopher Nye | Feb 19, 2020
The dollar was weaker against the pound but rose to a near three year high against the euro yesterday, as weak data pressured the single currency. After a series of speeches from Federal Reserve Officials today, the FOMC meeting minutes will be released. The minutes...
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by Christopher Nye | Feb 19, 2020
Euro was put under pressure this morning after very disappointing economic sentiment data. Figures for Germany dropped to 8.7, instead of the forecast 21.5, while figures for the eurozone – expected to show a five-point rise – showed a 15-point drop. However, the lows...
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by Christopher Nye | Feb 19, 2020
Sterling strengthened against the euro yesterday afternoon to a two-and-a-half month high and is still strong this morning, following mixed UK jobs data and poor economic sentiment data from the EU. Whilst the European economy appears to be suffering due to the...
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by Christopher Nye | Feb 19, 2020
Unexpectedly poor economic sentiment figures from the Eurozone helped to strengthen the pound yesterday, briefly hitting a high against the euro at noon. It was also helped by wage data showing that earnings have seemingly returned to pre-economic crisis levels. Today...
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by Christopher Nye | Feb 19, 2020
Hearing the news yesterday, and the yawning gulf between how the EU and UK see a trade deal, you might have been surprised to see the pound strengthen against the euro yesterday. The UK wants a trade deal similar to that enjoyed between the EU and Canada or South...
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