by Christopher Nye | Jan 6, 2020
Another year and once again politics has the potential to drastically change the value of your purchases abroad, unless you lock in your currency with a forward contract. Just as European politics – in the shape of Brexit – was set to decrease in importance to the...
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by Christopher Nye | Jan 3, 2020
The dollar was looking stronger throughout yesterday as it recovered from its year-end slump. US Manufacturing PMI for December was revised slightly lower to 52.4 and below the reading from this time last year, but remained within expansion territory. US Initial...
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by Christopher Nye | Jan 3, 2020
Euro has started the day up against the pound, despite manufacturing PMI coming in lower than expected for the eurozone yesterday morning. Poor PMI data in the UK has helped the euro, as have individually stronger performances in some eurozone countries, like...
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by Christopher Nye | Jan 3, 2020
Sterling remained weaker yesterday against both the dollar and the euro as no-deal Brexit fears set in, and it is still weak this morning. This comes as the UK has until the end of this year to strike a trade deal with the EU – a timeframe which will not be...
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by Christopher Nye | Jan 3, 2020
Sterling is down against the euro and dollar, as investors continue to worry about the possibility of the UK leaving the EU without a trade deal in place at the end of 2020. Manufacturing readings were a mixed bag yesterday, with UK data showing a drop month-on-month,...
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