by Christopher Nye | Jan 2, 2020
The dollar starts the new year recovering from weakness seen at the end of 2019, which was due to optimism surrounding the US-China trade war. President Donald Trump announced that the US and China will sign Phase One of the trade deal on the 15th of January. Further...
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by Christopher Nye | Jan 2, 2020
The euro is strong against the pound but weaker against the dollar as the new year begins. A series of Manufacturing PMI was released this morning for Italy, France, Germany and the Euro Area. Italian manufacturing PMI decreased to 46.2 points in December from 47.60...
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by Christopher Nye | Jan 2, 2020
The pound is slightly lower against the euro and dollar this morning as the new year kicks in, declining against the greenback for the first time in two weeks. This is thought to be due to sparse trading and ongoing fears of a hard Brexit. The dollar has also...
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by Christopher Nye | Jan 2, 2020
The pound has weakened slightly against the euro and the dollar as the new year begins. It awaits the release of Manufacturing PMI data later this morning. We’ll also see Manufacturing PMI for the US today, and a series of data has already been released for the...
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by Christopher Nye | Dec 31, 2019
The dollar was still in a weak position yesterday after suffering its biggest daily decline since March at the end of last week. Positive US-China trade-war news and a more optimistic outlook for the global economy has reduced dollar demand and caused it to drop....
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