US brands China a currency manipulator

The pound fell to a new 23 month low against the euro overnight and a 31 month low against the dollar, however has recovered slightly this morning. Sterling still remains vulnerable to no-deal Brexit fears, especially as Prime Minister Johnson continues to ramp up the...


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Dog days demand action

August is a funny month isn’t it? The “dog days” when, in the height of summer, the heat saps the energy. But then the occasional chill breeze just reminds us that autumn is only weeks away. It’s all a bit less cheerful than June and early July anyway. Speaking...


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USD: Dollar weakens as China hits back

The dollar is weak against the euro and strong against the pound this morning. It’s lost its footing due to escalations in the US-China trade war. After President Trump threatened to place tariffs on another $300 billion worth of goods at 10%, China have responded....


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EUR: Euro strong ahead of PMI data

The euro is strong this morning, possibly benefitting from a weak pound and dollar. It could be said that these gains are short lived, however, as escalating US-China trade tensions are likely to push the German bond yield curve into negative territory. Final readings...


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GBP: Pound weak as no-deal fears continue

The pound is weak against the euro and the dollar this morning, due to ongoing no-deal Brexit fears. Companies have also reported their weakest quarterly results in three years due to slowing global growth and Brexit uncertainty. Top aid to the Prime Minister, Dominic...


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