by Christopher Nye | Sep 12, 2019
Sterling was strong against the euro and weak against the dollar yesterday, but is slightly weaker this morning. The prorogation of Parliament was ruled unlawful by Scotland’s highest civil court and the government is expected to appeal this decision next week....
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by Christopher Nye | Sep 11, 2019
Yesterday, the dollar remained strong against the euro and weak against the pound as US job openings fell for the second month in a row. They declined by 31,000, falling to a seasonally adjusted 7.2 million for July. We’ll see a flurry of economic data releases for...
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by Christopher Nye | Sep 11, 2019
Euro was down against the pound, after French and Italian industrial production came in worse than expected yesterday. Fears of a no-deal do continue to weigh on both currencies, as Guy Verhofstadt joined with French officials in calling for a veto of any further...
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by Christopher Nye | Sep 11, 2019
Following on from positive GDP data at the start of this week, better-than-expected unemployment figures and wage data helped to strengthen the pound a little, despite Brexit concerns. Boris Johnson held talks with the DUP to try to further negotiations for a Brexit...
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by Christopher Nye | Sep 11, 2019
The pound remained strong yesterday and was mildly lifted by positive jobs data. UK unemployment rate dropped to 3.8% in the three months to July, beating expectations that it would remain at 3.9%. This figure is now at its lowest level since 1974. Average weekly...
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