EUR: Choppy week for Euro on Brexit uncertainty

It’s been a choppy week so far for the euro, as uncertainty over Brexit returns following Boris Johnson’s announced intention to put the transition period deadline into law. It raises fears that the UK and European Union could end the period without a ‘proper’ trade...


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GBP: Pound stronger ahead of BoE meeting

The pound was low against the dollar and the euro yesterday, but is stronger this morning ahead of the Bank of England’s monetary policy meeting. The Bank of England is expected to keep rates on hold, despite two members voting to cut rates last time. Inflation...


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Queen’s Speech to set out Johnson’s agenda

The pound had a choppy day yesterday, as the intention to enshrine the transition period deadline into law raised fears of a Brexit without a trade deal. However, it is in a stronger position this morning against the euro and the dollar. The markets will be closely...


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USD: Dollar strong despite mixed data

The dollar is strong against the euro and pound today, benefiting from sterling’s post-election weakness. President Trump has once again urged the Federal Reserve to cut interest rates and introduce quantitative easing via Twitter. This comes after the Fed left...


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EUR: Euro benefits from weak pound

Euro benefitted yesterday from a weak pound as fears about no-deal returned. The UK government is set to enshrine the end of the transition period as December 2020, meaning that, if trade talks are not complete by then, then the period could be up without an...


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