by Christopher Nye | May 19, 2020
The pound is up against the euro this morning, benefitting from the latter’s weakness over comments from the Bundesbank. It was also perhaps helped by comments from Rishi Sunak that the government’s scheme to help the self-employed could, too, be extended past the...
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by Christopher Nye | May 19, 2020
The dollar has fallen against the pound this morning over fears of raised tensions with China, after Donald Trump called the WHO a ‘puppet’ of Beijing. Yesterday, China announced 80% tariffs on Australian barley, sparking fears that trade wars with the US, too, could...
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by Christopher Nye | May 18, 2020
The dollar was given a small boost against the pound on Friday by better-than-expected data. Retail sales fell, but by less than expected, and Michigan consumer sentiment came in better than forecast. Today’s housing market figures are expected to show a small...
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by Christopher Nye | May 18, 2020
The euro may have closed Friday up against the pound, but it has been trading in a narrow range, held down by poor data releases. The Germany economy shrank by 2.2% in Q1, figures early on Friday showed, while the Eurozone economy as a whole contracted by 3.8%...
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by Christopher Nye | May 18, 2020
The prospect of negative interest rates has again been raised by the Bank of England, this time by Chief Economist Andy Haldane, causing the pound to weaken against the euro. The pound had already ended last week down against the euro, after David Frost warned that...
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