by Christopher Nye | Oct 31, 2019
The dollar is weak this morning as the Federal Reserve cut interest rates yesterday for the third time this year. As expected, rates were cut by 25 basis points due to trade and growth fears. In a speech, Jerome Powell said that “we see the current stance of...
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by Christopher Nye | Oct 31, 2019
The euro hovered near daily highs against the dollar yesterday, ahead of the Federal Reserve’s decision on interest rates. A series of economic data was released for the eurozone yesterday, painting a mixed but overall bleak picture of the European economy. Business...
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by Christopher Nye | Oct 31, 2019
Sterling was up against both the pound and the euro yesterday on news that the House of Lords approved an early general election, which is due to take place on December 12th. The pound is strong this morning as the campaign trail begins, with both Jeremy Corbyn and...
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by Christopher Nye | Oct 31, 2019
The pound remained strong yesterday, and is up this morning as the campaign trail for the upcoming general election begins. As Christine Lagarde takes over as President of the ECB today, a series of poor economic data paints a bleak picture of the European economy....
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by Christopher Nye | Oct 30, 2019
Well, this is exciting! In the three and a half years since the Referendum you might have got used to not much happening. Suddenly we have an election coming on 12th December, from which we could go in all sorts of directions. Ironically, the very reason that many...
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