by Christopher Nye | Dec 20, 2019
The Bank of England held interest rates steady yesterday, but the main story in some ways was that two policymakers voted again for a cut. This has raised worries that we may see a cut in the future, and the pound weakened on the back of it. Sterling is also still...
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by Christopher Nye | Dec 19, 2019
The dollar is lower this morning following the news that Donald Trump has been impeached. Trump has become the third US President to be impeached following a historic vote in Congress yesterday. After 10 hours of debate, the House of Representatives voted on two...
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by Christopher Nye | Dec 19, 2019
It’s been a choppy week so far for the euro, as uncertainty over Brexit returns following Boris Johnson’s announced intention to put the transition period deadline into law. It raises fears that the UK and European Union could end the period without a ‘proper’ trade...
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by Christopher Nye | Dec 19, 2019
The pound was low against the dollar and the euro yesterday, but is stronger this morning ahead of the Bank of England’s monetary policy meeting. The Bank of England is expected to keep rates on hold, despite two members voting to cut rates last time. Inflation...
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by Christopher Nye | Dec 19, 2019
The pound had a choppy day yesterday, as the intention to enshrine the transition period deadline into law raised fears of a Brexit without a trade deal. However, it is in a stronger position this morning against the euro and the dollar. The markets will be closely...
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