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USD: Dollar strong despite mixed data

The dollar is strong against the euro and pound today, benefiting from sterling’s post-election weakness. President Trump has once again urged the Federal Reserve to cut interest rates and introduce quantitative easing via Twitter. This comes after the Fed left...


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EUR: Euro benefits from weak pound

Euro benefitted yesterday from a weak pound as fears about no-deal returned. The UK government is set to enshrine the end of the transition period as December 2020, meaning that, if trade talks are not complete by then, then the period could be up without an...


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GBP: Pound weak on no-deal fears

Yesterday, the pound weakened to pre-election lows and it is still low this morning as the government said it will try to illegalise an extension to the Brexit transition deadline. After leaving the EU on the 31st of January, the Prime Minister will have to negotiate...


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Pound weakens on fears of no trade deal

The government said yesterday that it would seek to enshrine the transition date deadline in law, raising fears of the UK leaving without a trade deal. The pound weakened as a result, losing some of its gains of the past few days. Meanwhile, it’s a quiet day for data...


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Reality bites

The pound took a dive yesterday as the Government made a bid to ensure that the transition period end date becomes law. It was yet another surprise to those who under-estimated Boris Johnson and figured that now the election was won and the Brexit Party neutered that...


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