by Christopher Nye | Nov 13, 2019
It was a positive day for the eurozone yesterday, as economic sentiment figures came in much better than expected, almost 31 points above forecasts. However, in a reminder of the unpredictability of the currency markets, there was little movement from the euro, which...
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by Christopher Nye | Nov 13, 2019
Thanks to the weakening euro, the pound is still up against the single currency this morning but is weaker against the dollar. After reaching a six month high against the euro at the beginning of the week, the pound weakened slightly yesterday as the boost from the...
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by Christopher Nye | Nov 13, 2019
The pound is strong against the euro ahead of a day of important releases, including inflation figures and the retail price index. Optimism over a shrinking possibility of a hung parliament is helping to keep the pound up against the euro, despite eurozone economic...
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by Christopher Nye | Nov 13, 2019
A positive YouGov opinion poll for the Conservatives sent the pound up to its highest level since the spring yesterday. This was despite mixed results for jobs and wages. Average wages in the UK rose by 3.6% (a little less than expected, but a rise nonetheless) and...
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by Christopher Nye | Nov 12, 2019
The dollar weakened yesterday as trade uncertainties between the US and China continued. Following comments on Friday that he had not agreed to scrap tariffs on Chinese goods, despite reports that said otherwise, President Trump added that talks were going “very...
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