by Christopher Nye | Sep 30, 2019
The dollar is looking mixed this morning due to developments in US-China trade talks. Over the weekend, there were reports that the US were going to restrict investment in Chinese companies. This stood in contrast with President Trump’s recent...
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by Christopher Nye | Sep 30, 2019
The euro ended the week under pressure from poor data releases, with business confidence unexpectedly coming in at -0.22, instead of the expected 0.11. Industrial sentiment also declined more than forecast, in a sign of the worries besetting the single currency zone....
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by Christopher Nye | Sep 30, 2019
The pound was in a weak position on Friday, as Bank of England policymaker, Michael Saunders, suggested that a rate cut is on its way. However, sterling is looking strong against both the euro and the dollar this morning. Brexit Secretary Stephen Barclay has said that...
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by Christopher Nye | Sep 30, 2019
The pound is strong ahead of a busy political week, as the slim hopes of a forthcoming Brexit deal seem to be becoming even slimmer, and Parliament remains deeply divided. Sterling came under pressure last week after the BoE suggested a rate cut was on its way. The...
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by Christopher Nye | Sep 27, 2019
The dollar is strong against the euro and the pound today, as a whistleblower complaint was released against the President. The newly released complaint came as US lawmakers on the House of Representatives intelligence committee started to question Trump’s top...
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