by Christopher Nye | May 29, 2020
Concerns over the uncertainty from Brexit talks continue, with the EU’s trade commissioner Phil Hogan saying that the UK might have ‘come to the conclusion that there’s not going to be a deal’. Next week sees the next round of talks, which will be crucial as the...
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by Christopher Nye | May 29, 2020
The pound ended yesterday down against the dollar, after data showed the US economy shrunk by 5% in the second quarter of this year. Meanwhile, the pound and euro are choppy, with fears of trade talks breaking down after the EU’s Phil Hogan said yesterday that the UK...
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by Christopher Nye | May 28, 2020
The dollar has gained some ground against the pound as the latter weakened on dashed optimism over Brexit trade talks. Yesterday’s Richmond Fed Manufacturing Index showed the decline to be slowing, while mortgage applications are also up 2.7%. Nonetheless, the big...
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by Christopher Nye | May 28, 2020
The euro was boosted yesterday by optimism over an end in sight for the EU’s internal negotiations on an economic rescue package for countries hit hard by coronavirus. Building on Macron and Merkel’s €500 billion proposal, Ursula von der Leyen is set to propose a €750...
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by Christopher Nye | May 28, 2020
The pound lost the gains it made yesterday against the euro as hopes were raised of a breakthrough on fisheries, after David Frost said before Parliament’s Brexit Committee that the current offer would not be ‘likely to produce an agreement’, and reiterated that the...
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