by Christopher Nye | Feb 7, 2020
The dollar retained its strength yesterday ahead of Non-Farm Payrolls, which will be released this afternoon. They’re expected to come in at 165,000 for January, an increase from 145,000 in December. The dollar could find more strength if the figure beats...
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by Christopher Nye | Feb 7, 2020
Euro ended the day yesterday up against the pound, despite a shaky start after German factor orders came in much lower than the previous month – when the markets were expecting an increase. The single currency also benefitted from sterling’s weakness after France’s...
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by Christopher Nye | Feb 7, 2020
Sterling weakened further yesterday as nerves surrounding negotiations between the UK and EU continue. After his speech at the beginning of the week, there are concerns that the Prime Minister will take a hard-line approach to trade negotiations and could step away...
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by Christopher Nye | Feb 7, 2020
The pound was down yesterday on worries over the Brexit trade talks, after France’s Bruno Le Maire raised again the prospect of the UK financial services sector losing access to the EU markets, unless there is close regulatory alignment. However, sterling has...
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by Christopher Nye | Feb 6, 2020
The dollar strengthened to a near two-month high against a basket of currencies due to positive economic data. US private jobs data showed that businesses hired 291,000 workers in January 2020, the most since May 2015, easily beating market expectations of a 156,000...
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