by Christopher Nye | Nov 26, 2019
The dollar was mostly unchanged yesterday ahead of and after a speech from Federal Reserve Chair Jerome Powell. Powell hinted that the Fed is likely to keep interest rates steady, however noted that inflation has run well below the 2% level for 2019 despite three...
read more
by Christopher Nye | Nov 26, 2019
Euro was given a slight boost this morning after German consumer confidence figures came in better than expected. Nonetheless, with optimism over the UK election result continuing to put it under downward pressure. There was also some positivity yesterday, as German...
read more
by Christopher Nye | Nov 26, 2019
Sterling had a positive start to the week yesterday, strengthening on the latest polling data. Polls showed that the Conservative Party had a 14-point lead ahead of Labour – a Tory majority is seen as positive for the pound because it could solve the Brexit...
read more
by Christopher Nye | Nov 26, 2019
The pound strengthened against the euro yesterday, as polls showed the Conservatives to have a significant potential lead over Labour in the upcoming election, following the publication of their manifesto. However, subsequent polls revealed that the Conservative lead...
read more
by Christopher Nye | Nov 25, 2019
The dollar ended the week up against the pound, after Markit data releases showed manufacturing and services activity picked up pace last month, despite the US-China trade war. It was also up against the euro, particularly as the latter’s business releases showed...
read more
