by Christopher Nye | Nov 22, 2019
Euro ended the day down against the pound, with optimism over the result of the upcoming UK election keeping the latter stronger. Eurozone consumer confidence figures came in just above expectations at -7.2 – still firmly in negative territory, but an improvement on...
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by Christopher Nye | Nov 22, 2019
Sterling was strong yesterday against both the euro and the dollar as election campaigning continues. The Labour Party released their manifesto, which set out plans for a windfall tax on oil firms, scrapping a rise in the state pension age and raising government...
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by Christopher Nye | Nov 22, 2019
Sterling is still looking strong against the euro, despite a small drop yesterday evening, as optimism surrounding the election continues. So far, polls continue to point to a majority for the Conservative Party, although there is always an element of risk. The ECB...
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by Christopher Nye | Nov 21, 2019
The dollar was stronger against the euro and the pound yesterday ahead of the release of FOMC minutes, however slipped slightly after their release. The minutes showed Fed officials agreed that the policy stance “likely would remain” where it is “as long as incoming...
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by Christopher Nye | Nov 21, 2019
With data from the eurozone still pointing to slow growth, the ECB’s Philip Lane told La Repubblica yesterday that the bank still does not expect recession, and expected the Eurozone economy to recover within the next year or two. Record-low interest rates, a report...
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