by Christopher Nye | Oct 17, 2019
The pound jumped to a five month high against the dollar yesterday as the UK and EU announced that a Brexit deal had been reached. The pound also rose against the euro, however soon lost its gains as the DUP made it clear that they wouldn’t support the deal. They said...
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by Christopher Nye | Oct 17, 2019
The pound reached a five month high against the dollar yesterday and rose against the euro on news that the UK and the EU had managed to agree on a Brexit deal. However, the pound lost some of its gains afterwards on news that the DUP won’t support the new plans. The...
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by Christopher Nye | Oct 16, 2019
The dollar was weak yesterday afternoon as retail sales fell for the first time in seven months in September. Sales dropped 0.3%, marking the first drop since February and suggesting that weaknesses in the manufacturing sector are spreading to other areas of the...
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by Christopher Nye | Oct 16, 2019
The euro was weak against the pound and strong against the dollar yesterday afternoon. However, it is strong this morning, benefiting from sterling’s weakness. Inflation figures for the Eurozone were released yesterday, which showed an annual drop to 0.8% in...
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by Christopher Nye | Oct 16, 2019
The pound was volatile yesterday, as UK and EU officials embarked on the last day of Brexit talks. Talks with the Democratic Unionist Party ensued over the plans for Northern Ireland. They had previously expressed concerns over proposals to replace the backstop, which...
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