by Christopher Nye | Oct 16, 2019
We’ve had one of our busiest weeks of the year as those of our clients with a major transaction in the offing have been either paying the full amount now – using a spot contract – or locking in today’s exchange rate for a transaction in the...
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by Christopher Nye | Oct 14, 2019
The dollar was strong against the pound and the euro yesterday as initial optimism following US-China trade talks faded slightly. This was due to the lack of detail which materialised from the talks last week. This morning, the dollar is weaker against the pound and...
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by Christopher Nye | Oct 14, 2019
The euro was stronger against the pound and weaker against the dollar yesterday afternoon. The single currency was relatively unmoved by Industrial Production data, which showed a month-on-month increase in August. It rose by 0.4%, beating expectations of a 0.3% rise....
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by Christopher Nye | Oct 14, 2019
The pound gave up a lot of gains from Friday as recent rhetoric surrounding Brexit seemed to suggest that a deal was still some way off. However, Sterling did rally back yesterday afternoon and overnight as it seems that progress was made. Last minute compromises have...
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by Christopher Nye | Oct 14, 2019
Brexit negotiations between the UK and the EU continue today, ahead of the EU summit on Thursday. In a statement, the EU called the negotiations “intense technical discussions”, whilst the Prime Minister’s spokesperson said that “talks remain constructive, but there...
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