by Christopher Nye | Jun 1, 2020
The euro has weakened against the pound this morning, after ending last week in a stronger position following optimism over the European Union’s bailout programme. Manufacturing data this morning shows the sector to be weak, as expected, across the Eurozone,...
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by Christopher Nye | Jun 1, 2020
The dollar has reached almost a month’s low against sterling this morning, with investors wary over intensifying conflict with China. Trump announced at the end of last week that he is ending the relationship with the WHO, which he considers to be biased towards...
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by Christopher Nye | Jun 1, 2020
The pound starts the summer very close to where it was against the euro on 1st June 2019, 2018 and 2017, and a long way short of where it was on 1st June 2016. After Brexit was “done” at the start of the year some of us may have hoped and expected that we...
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by Christopher Nye | May 29, 2020
The dollar fell against the pound yesterday after GDP figures came out. The American economy shrank faster than forecasts had predicted, at 5% in the first quarter of the year, marking the biggest quarterly decline in the last decade. With some economists believing...
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by Christopher Nye | May 29, 2020
The euro has had a choppy start to the day against the pound, after a mixed bag of data releases yesterday. Despite efforts to introduce a bailout package, business confidence has continued to decline, reaching the lowest level since September 2009. Services sentiment...
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