by Christopher Nye | Dec 6, 2019
Trade war uncertainty, poor data and a strong pound weighed on the dollar yesterday. The greenback is still down against the euro this morning. Figures showed that the trade deficit narrowed to $47.2 billion in October of 2019 from a downwardly revised $51.1 billion...
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by Christopher Nye | Dec 6, 2019
Euro had a choppy day against the pound yesterday, weaker on the back of UK optimism over the election. Meanwhile, the EU is preparing for post-January trade talks, if Boris Johnson’s deal does pass, with a leaked document from the European Commission urging trade...
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by Christopher Nye | Dec 6, 2019
The pound continued to perform well against both the euro and the dollar yesterday on the back of recent polling data, which predicts a Conservative majority. It surpassed significant levels, and it’s thought that it could rise further this time next week if a...
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by Christopher Nye | Dec 6, 2019
Sterling was strong against the euro yesterday, hitting a 2.5-year high earlier this week on the back of predictions of a Conservative majority in the upcoming election. However, it is slightly weaker against the euro and dollar this morning. Boris Johnson and Jeremy...
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by Christopher Nye | Dec 5, 2019
The pound rose to a two-and-a-half year high against the euro yesterday, as recent polls indicate that a Conservative majority is the most likely outcome of the general election. This is positive for sterling because the uncertainty of a hung parliament would be...
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