by Christopher Nye | Sep 23, 2019
It was a choppy week for the pound last week, as Brexit sentiment moved from a seeming increasing chance of a no-deal into hopes, albeit slim, that progress is being made towards a deal. Sterling is strong against the euro at the start of what promises to be a very...
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by Christopher Nye | Sep 20, 2019
The dollar is still weak against both the euro and the pound due to the Federal Reserve’s latest interest rate cut. Face-to-face negotiations between the US and China have resumed, and are aimed at laying the groundwork for high level talks in October. Thirty Chinese...
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by Christopher Nye | Sep 20, 2019
Euro is weak against the pound this morning, as positive Brexit rhetoric has given sterling a boost. The single currency is strong against the dollar, which is still suffering due to the Federal Reserve’s recent rate cut. Boris Johnson will have further...
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by Christopher Nye | Sep 20, 2019
The pound is in a stronger position this morning, as Jean-Claude Juncker, President of the European Commission, has said that a deal could be reached before the Brexit deadline. He told reporters that he has “no emotional relationship” with the backstop,...
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by Christopher Nye | Sep 20, 2019
Jean-Claude Juncker has said that a Brexit deal could be reached before the October 31st deadline. This positive rhetoric caused the pound to strengthen yesterday evening, and it is still strong this morning. The Bank of England decided, as expected, to keep rates at...
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