by Christopher Nye | Dec 4, 2019
Euro weakened against the pound yesterday, with optimism over the UK election helping to keep sterling strong. It was quite quiet for economic releases, although Eurozone PPI showed its steepest annual decrease since 2016. Meanwhile, the US has threatened tariffs on...
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by Christopher Nye | Dec 4, 2019
Sterling rose to a six-week high yesterday on the latest polling data and better-than-expected construction PMI. The dollar’s weakness also gave the pound a chance to rally. This morning, sterling has reached a seven month high against the euro and the dollar. A fresh...
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by Christopher Nye | Dec 4, 2019
Polls showing a widening lead gap between the Conservatives and Labour in the upcoming election helped to push the pound to a six-week high yesterday, also helped by strong construction figures. This morning, it has reached a seven-month high against the euro and the...
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by Christopher Nye | Dec 4, 2019
The pound is continuing to dance along at around its highest rate against the euro for the past three years. Indeed it’s rarely been above this rate consistently since just after the Brexit vote. It’s like the final weeks of Strictly Come Dancing where...
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by Christopher Nye | Dec 3, 2019
The dollar was strong against the pound but weak against the euro yesterday, as it responded to poor economic data and the latest wave of tariffs. America’s factory output contracted in November for the fourth straight month according to the latest manufacturing PMI...
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