by Christopher Nye | Nov 13, 2019
The dollar strengthened yesterday on cautious optimism ahead of President Trump’s speech on trade. He was expected to announce a delay on EU auto tariffs and also to comment on the progress of a ‘phase one’ deal with China. However, Trump’s speech was perhaps...
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by Christopher Nye | Nov 13, 2019
It was a positive day for the eurozone yesterday, as economic sentiment figures came in much better than expected, almost 31 points above forecasts. However, in a reminder of the unpredictability of the currency markets, there was little movement from the euro, which...
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by Christopher Nye | Nov 13, 2019
Thanks to the weakening euro, the pound is still up against the single currency this morning but is weaker against the dollar. After reaching a six month high against the euro at the beginning of the week, the pound weakened slightly yesterday as the boost from the...
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by Christopher Nye | Nov 13, 2019
The pound is strong against the euro ahead of a day of important releases, including inflation figures and the retail price index. Optimism over a shrinking possibility of a hung parliament is helping to keep the pound up against the euro, despite eurozone economic...
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by Christopher Nye | Nov 13, 2019
A positive YouGov opinion poll for the Conservatives sent the pound up to its highest level since the spring yesterday. This was despite mixed results for jobs and wages. Average wages in the UK rose by 3.6% (a little less than expected, but a rise nonetheless) and...
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