by Christopher Nye | Apr 23, 2020
The pound is up this morning, making gains against the euro as investors await today’s Eurogroup meeting. A further round of Brexit talks will take place today, and the markets will be watching closely for any hint of ‘convergence’ on key issues, which has so far been...
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by Christopher Nye | Apr 23, 2020
The pound and dollar are up against the euro this morning, as the latter drifts downward on concerns over further division within the Eurozone following this afternoon’s Eurogroup meeting. European leaders are set to discuss a further coronavirus rescue package, with...
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by Christopher Nye | Apr 22, 2020
Some wag in a Zoom meeting yesterday made a joke about catching a criminal syphoning petrol into his car. The drop in the price of American oil to a point whereby producers are having to pay for someone to take it – and similarly deep drops in oil prices elsewhere –...
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by Christopher Nye | Apr 22, 2020
The euro is up against the dollar and pound this morning, after being given a boost yesterday unexpectedly positive economic sentiment data. Expected to be firmly in the negative, the ZEW economic sentiment index instead made its biggest jump on record, as optimism...
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by Christopher Nye | Apr 22, 2020
After a choppy start to the week, the dollar is up against the pound, boosted by oil prices yesterday. These gains lasted through the afternoon, despite home sales continuing to drop and the Redbook Index showed sales growth to continue to drop further into the...
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