by Christopher Nye | Aug 8, 2019
The pound is up against both the dollar and the euro this morning, still showing signs of volatility. It is thought that this uplift will be brief due to ongoing no-deal Brexit worries. Sterling was stuck at near two year lows yesterday, matching a two year low...
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by Christopher Nye | Aug 8, 2019
Sterling is experiencing an uptick against the euro and the dollar this morning. As we saw earlier in the week, however, this strength could be short lived due to ongoing no-deal Brexit fears. The dollar is in a weak position this morning as trade tensions between the...
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by Christopher Nye | Aug 7, 2019
The latest twist in the Brexit saga is a potential pact between Labour and the SNP to force the Conservatives out of office. Given that even with the DUP votes Boris Johnson only has a majority of one – and plenty of enemies on the Conservative back benches...
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by Christopher Nye | Aug 7, 2019
After a poor day yesterday, the dollar is in a stronger position this morning, recovering slightly from news of US-China tensions. President Trump has played down the prospect that this trade war could continue for a while. However, St. Louis Federal Reserve Bank...
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by Christopher Nye | Aug 7, 2019
The euro is in a weak position against the pound and the dollar today. German Industrial Production data has been released this morning, down 1.5% in June compared to May. This figure is worse than the forecasted 0.6% drop, and could mean a dovish stance from the...
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