GBP: Sterling looks to Johnson speech

Sterling is slightly weaker this morning ahead of a speech by Boris Johnson later, which will explain the UK’s position ahead of trade negotiations with the EU. He is expected to say that the government wants a trade deal similar to Canada’s and will be...


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Pound weaker as UK enters transition period

The UK has officially left the European Union, but in many ways, it’s business as usual. The pound has started the week slightly down against the euro ahead of a speech from Boris Johnson today, which will set out the UK’s position ahead of trade negotiations....


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USD: Dollar weak on poor data

The dollar weakened yesterday, ending its safe haven rally. GDP data was released, showing the slowest annual growth for the US economy in three years. The economy also missed the Trump administration’s 3% growth target for the second consecutive year. Personal...


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GBP: BoE leave interest rates on hold

Sterling strengthened against both the euro and the dollar yesterday, and is still strong today as the Bank of England voted to keep interest rates on hold at 0.75%. The result was 7 to 2, with officials Michael Saunders and Jonathan Haskel again voting to cut rates....


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