by Christopher Nye | Dec 10, 2019
As we can expect, there’s a lot of volatility in the markets as we approach the election. Yesterday morning, the pound hit a 31-month high as a poll showed an extended Conservative lead, only for the rally to fade following the next poll, showing a smaller lead. This...
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by Christopher Nye | Dec 9, 2019
After performing poorly for five straight days, better-than-expected Non-Farm Payrolls boosted the dollar on Friday afternoon. It was up against both the pound and the euro as data showed the US economy created 266,000 Non-Farm Payroll jobs last month, beating...
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by Christopher Nye | Dec 9, 2019
The euro was weak against the dollar and the pound on Friday, as both sterling and the greenback ended the week on a high. German industrial production unexpectedly dropped by 1.7% month-on-month, missing expectations of a 0.1% growth. This week we’ll see a number of...
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by Christopher Nye | Dec 9, 2019
Following a three day rally and reaching a 2.5 year high against the euro, the pound weakened slightly on Friday ahead of the live television debate between Jeremy Corbyn and Boris Johnson. Despite this, it stayed near previous highs as a Conservative majority was...
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by Christopher Nye | Dec 9, 2019
We’re into the crunch period for the upcoming election, with just four days to go. The pound is strong this morning as the latest poll shows that the Conservative Party have extended their lead ahead of Labour. Unexpectedly poor German industrial figures put more...
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