by Christopher Nye | Nov 15, 2019
Poor retail sales did little to push the pound downwards, with continued optimism over the upcoming general election helping to keep it above the euro, despite positive news from the eurozone. German GDP figures showed unexpected growth, meaning the country has...
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by Christopher Nye | Nov 14, 2019
The dollar was mostly unmoved yesterday following the release of prepared remarks from Federal Reserve Chairman Jerome Powell. He said, “We see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy...
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by Christopher Nye | Nov 14, 2019
German GDP figures show that the country has avoided a recession, coming in at 0.1% verses the -0.1% that was expected. Year-on-year, the figure came in as predicted at 0.5%, showing very slight growth. Later today, we will also see Eurozone-wide GDP figures, expected...
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by Christopher Nye | Nov 14, 2019
The pound was slightly weaker against the dollar yesterday but stable against the euro, as weak economic data failed to move sterling. Consumer price inflation fell to 1.5% year-on-year in October 2019 from 1.7% in the previous month and below market expectations of...
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by Christopher Nye | Nov 14, 2019
Poor economic data yesterday had little impact on the pound, as continued optimism over the election helped to keep the pound up against the euro. German GDP figures this morning show that the German economy has grown, meaning that a recession has been avoided....
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