by Christopher Nye | Jan 28, 2020
The dollar strengthened yesterday, as fears about the Chinese coronavirus pushed investors to safe-haven currencies. The virus has now killed 81 people and 2800 have been infected globally. Today, a series of data will be released for the US, including Durable Goods...
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by Christopher Nye | Jan 28, 2020
It’s been a quiet start to a busy week for the euro, with German business figures coming in slightly lower than expected. The euro is strong against the pound but weak against the dollar this morning, under pressure from the strong greenback and disappointing economic...
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by Christopher Nye | Jan 28, 2020
The pound held steady yesterday, but has weakened this morning as it braces itself for the Bank of England’s interest rate decision on Thursday. Despite a series of positive data last week, it’s still thought that the BoE could decide to cut rates. The markets are...
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by Christopher Nye | Jan 28, 2020
The pound has weakened this morning as the markets await this Thursday’s interest rate decision. The rhetoric is ramping up on the future trade talks between the UK and EU, with Leo Varadkar saying the UK will need to offer access to areas like fishing in return for...
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by Christopher Nye | Jan 27, 2020
The dollar was strong on Friday, taking advantage of a weak pound and euro. The greenback rose to a near eight-week high against the euro. US PMI data showed that the economy is still facing pressure. US Manufacturing PMI fell to 51.7 in January of 2020 from 52.4 in...
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