by Christopher Nye | Jul 22, 2019
The dollar is weak against both the pound and the euro this morning. This is possibly due to increasing expectations that the Federal Reserve will cut interest rates next week, although the question remains as to how much they will be cut by. The markets are also...
read more
by Christopher Nye | Jul 22, 2019
The euro is strong against the pound this morning and weaker against the dollar. The markets are looking ahead to Consumer Confidence data tomorrow, a series of PMI data on Wednesday and the ECB interest rate decision on Thursday, which is likely to have an effect on...
read more
by Christopher Nye | Jul 22, 2019
The pound is weak against the euro and the dollar this morning. Brexit worries and geopolitical tensions are still weighing on sterling. On Friday, Iran seized a UK tanker. Theresa May is chairing a security meeting this morning due to worries over the relationship...
read more
by Christopher Nye | Jul 22, 2019
We have a big week ahead, as voting closes today to make way for a new Prime Minister. The winning candidate will be announced tomorrow and will take office on Wednesday. It’s safe to say that he’ll have a multitude of issues to tackle imminently, including rising...
read more
by Christopher Nye | Jul 19, 2019
The dollar has weakened this morning following a dovish speech from the New York Federal Reserve President John Williams. He said that central bankers need to ‘act quickly’ as economic growth slows. The markets took this as a signal for an interest rate cut at the end...
read more
