by Christopher Nye | Feb 3, 2020
The dollar weakened further on Friday afternoon, after Chicago PMI data pointed to further decline in Manufacturing. The figure came in at 42.9, missing expectations of 48.9. Personal Income missed expectations, whilst Personal Spending came in as expected but failed...
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by Christopher Nye | Feb 3, 2020
The European Union official said its ‘goodbyes’ to the UK last Friday, with Ursula von der Leyen saying it was a ‘very emotional day’ but that ‘strength does not lie in splendid isolation.’ However, for all intents and purposes, little changes until 31st December, and...
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by Christopher Nye | Feb 3, 2020
Sterling is slightly weaker this morning ahead of a speech by Boris Johnson later, which will explain the UK’s position ahead of trade negotiations with the EU. He is expected to say that the government wants a trade deal similar to Canada’s and will be...
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by Christopher Nye | Feb 3, 2020
The UK has officially left the European Union, but in many ways, it’s business as usual. The pound has started the week slightly down against the euro ahead of a speech from Boris Johnson today, which will set out the UK’s position ahead of trade negotiations....
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by Christopher Nye | Jan 31, 2020
The dollar weakened yesterday, ending its safe haven rally. GDP data was released, showing the slowest annual growth for the US economy in three years. The economy also missed the Trump administration’s 3% growth target for the second consecutive year. Personal...
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