by Christopher Nye | Dec 31, 2019
The dollar was still in a weak position yesterday after suffering its biggest daily decline since March at the end of last week. Positive US-China trade-war news and a more optimistic outlook for the global economy has reduced dollar demand and caused it to drop....
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by Christopher Nye | Dec 31, 2019
The euro reached a four and a half month high against the dollar yesterday as US-China trade war optimism weakened the greenback. China’s central bank unveiled a measure to help lower borrowing costs and boost economic growth, knocking the demand for dollars. Some...
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by Christopher Nye | Dec 31, 2019
The pound was strong against the dollar and the euro yesterday, rising for four consecutive days against the greenback. This is mainly due to dollar weakness which came about after positive US-China trade war news. Although the UK is on track to leave the EU by the...
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by Christopher Nye | Dec 31, 2019
The pound is set to end the year in a strong position against the euro and the dollar, rising for four consecutive days against the greenback. The euro has also reached four and a half month highs, whilst the dollar is still weaker due to reduced demand. As the New...
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by Christopher Nye | Dec 30, 2019
The dollar is weak this morning, expected to finish the year on a softer note. The greenback has fallen out of favour slightly as hopes of a US-China trade deal increase and there is renewed optimism about global growth. Chinese authorities said Beijing was in close...
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