GBP: Pound boosted on Brexit deal hopes

The pound strengthened to an eight-day high yesterday on hopes that a Brexit deal will be reached. This morning, it’s choppy against the euro and the dollar. Eurosceptic members in the Conservative Party have said that the latest Brexit plan could mean that...


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Brexit deal plans lift pound

Sterling was buoyed yesterday afternoon on hopes of a Brexit deal being reached. Thus far, the EU’s responses have ranged from non-committal to concerned, but much will ride on the Irish government’s response in the coming ten days of negotiations. It was otherwise a...


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USD: Dollar weak on poor data

The dollar dipped lower against the pound and the euro yesterday amid worries of global growth following poor manufacturing figures, which were released earlier in the week. The greenback has edged slightly higher this morning. Figures for private sector payrolls...


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GBP: Pound weaker as EU consider Brexit plan

Sterling rose slightly yesterday as Boris Johnson revealed his proposals for Brexit. However, the pound is weak again this morning. The plan, which has been sent for the EU’s consideration, would see Northern Ireland stay in the single market for goods, but leave the...


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