by Christopher Nye | Jan 13, 2020
The pound had a relatively choppy end to the week on Friday, after Mark Carney hinted at an interest rate cut, and said that it could be ‘relatively prompt’ if problems persist. Sterling is weaker this morning as another Bank of England policymaker said he could vote...
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by Christopher Nye | Jan 13, 2020
Reports in the press would have it that Boris Johnson is a changed man. You can see it for yourself at Prime Minister’s Questions, where the grandstanding has gone along with the artfully dishevelled hair. The impression is that he’s knuckling down to the...
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by Christopher Nye | Jan 11, 2020
Sterling is weaker this morning as a Bank of England policymaker has said that he will vote for a rate cut at the end of this month, unless economic data shows a significant improvement. This follows Mark Carney’s comments earlier last week. He said that there could...
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by Christopher Nye | Jan 10, 2020
The dollar was strong against both the pound and the euro yesterday, benefitting from sterling’s weakness. Today, we’ll see the release of Non-Farm Payrolls, which are expected to come in at 164,000. This would be a drop from the previous reading of 266,000, which...
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by Christopher Nye | Jan 10, 2020
Euro has begun the day up against the pound, as German industrial production reversed the trend of shrinking from the past two months, re-entering positive figures. It’s a positive sign for the markets, particularly as the sector has been one of the more problematic...
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