by Christopher Nye | Oct 9, 2019
The euro is up against the pound as the European Union appears to harden its stance against Boris Johnson’s Brexit deal. It was also bolstered by better-than-expected German industrial data, which entered positive territory again. Italian retail sales also picked up...
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by Christopher Nye | Oct 9, 2019
The pound fell against both the euro and the dollar yesterday, and is still low this morning as hopes of a Brexit deal faded. A Downing Street source said that a Brexit deal was “essentially impossible” after a disappointing call between Boris Johnson and Angela...
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by Christopher Nye | Oct 9, 2019
The pound fell to a near one-month low yesterday, after a Downing Street source said Angela Merkel had made clear that the chances of securing a Brexit deal were ‘overwhelmingly unlikely’. The government released further no-deal Brexit advice and policy planning...
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by Christopher Nye | Oct 9, 2019
It’s probably an understatement to say that a certain amount of Brexit-fatigue has crept in over the past few weeks and months, with many people not bothering to keep up with it all any longer. However, we really are in for a crucial time over the next week or...
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by Christopher Nye | Oct 8, 2019
The dollar was looking strong against the pound but weaker against the euro yesterday, showing little change throughout the day. The markets await trade talks, which are due to start on Thursday, and speeches from the Federal Reserve this week. In terms of the trade...
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