by Christopher Nye | Dec 13, 2019
The pound has strengthened against the euro and the dollar as the Conservatives have secured a comfortable majority in Parliament. Sterling has reached a 19 month high against the dollar and more than a two year high against the euro, as a Conservative majority is...
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by Christopher Nye | Dec 13, 2019
The pound has strengthened this morning on the news that the Conservative Party has won the general election with a comfortable majority, securing their biggest win since 1987. In a post-election speech, Boris Johnson reiterated his pledge to take Britain out of the...
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by Christopher Nye | Dec 12, 2019
The dollar was slightly stronger yesterday ahead of the Federal Reserve’s announcement on interest rates. However, it weakened after Fed Chair Jerome Powell said that they will keep rates on hold, and would not raise them until they see a significant and persistent...
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by Christopher Nye | Dec 12, 2019
Euro has started the day down against the pound, as election day dawns in the UK. The markets will also be paying close attention to this afternoons ECB press conference, following Christine Lagarde’s first monetary policy meeting, at which interest rates are expected...
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by Christopher Nye | Dec 12, 2019
After slipping slightly in the morning, the pound strengthened yesterday and is still strong today despite a key opinion poll showing a narrowing Conservative lead. The poll casts some doubt over a definitive Conservative majority and suggests that a hung parliament...
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