by Christopher Nye | Nov 11, 2019
The pound was strong against the euro but dipped against the dollar on Friday. It recovered from Thursday’s losses following the Bank of England’s announcement, however, was down overall on the week as the markets awaited general election developments. Sterling is...
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by Christopher Nye | Nov 11, 2019
After a relatively strong week for the pound last week, the markets are awaiting this morning’s GDP data releases, expected to show a return to positive figures quarter-on-quarter. Poor economic performance in the eurozone helped to keep the pound up, with a dip on...
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by Christopher Nye | Nov 11, 2019
It’s been a dismal week for weather in the UK, and one in which the so-called “dismal science”, economics, has been very much to the fore too. Future economists will have fun analysing the results of a decade of austerity and then, judging by the election promises so...
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by Christopher Nye | Nov 8, 2019
The European Commission cut its growth forecasts yesterday morning, highlighting a range of external economic pressures, uncertainty around a ‘disorderly Brexit’ and a slowdown in manufacturing. Meanwhile, the pound saw a small dip after the Bank of England announced...
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by Christopher Nye | Nov 8, 2019
The dollar was strong yesterday on the back of continued trade deal optimism. A Chinese commerce ministry official suggested that the world’s two largest economies are close to achieving a deal and said that both sides have agreed to scrap tariffs in phases. He said...
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