by Christopher Nye | Oct 14, 2019
Last week ended with a flurry of excitement on the currency markets. The headline was that against the euro the pound hit its highest rate since May 2019. While that was true, when you look at the graph further back beyond last spring – and the chaos around the 29...
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by Christopher Nye | Oct 11, 2019
The dollar fell to two week lows yesterday, following less safe-haven demand for the greenback. This was due to renewed optimism for a trade deal between the US and China. Chinese Vice Premier Liu He said that China is willing to reach an agreement in order to prevent...
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by Christopher Nye | Oct 11, 2019
The euro is down against the pound after the latter was boosted by hopes of a Brexit deal following a meeting between Leo Varadkar and Boris Johnson. Poor economic releases also did not help, with German current account figures coming below expectations, and its...
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by Christopher Nye | Oct 11, 2019
Sterling was given a boost yesterday afternoon following a joint statement from Boris Johnson and the Irish Prime Minister, Leo Varadkar. It said that the two leaders could see a ‘pathway’ to a Brexit deal, following negotiations which took place yesterday afternoon....
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by Christopher Nye | Oct 11, 2019
The pound was boosted yesterday, achieving it’s second biggest daily rise of the year against the dollar, following talks between Boris Johnson and Leo Varadkar. A statement said that they could see a ‘pathway’ to a Brexit deal. This came on the back of positive...
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