by Christopher Nye | Jul 5, 2019
The pound is benefitting from a weaker euro this morning, but is still showing weakness against the dollar. No deal Brexit fears still weigh on sterling ahead of voting for the new Prime Minister, which opens from tomorrow. A day ahead of voting, it has been reported...
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by Christopher Nye | Jul 5, 2019
The euro is weaker against the pound this morning, after German factory orders came in nearly two percentage points lower than expected. Nonetheless, it is still low as Brexit fears continue to weigh, and EC presidential nominee Ursula von der Leyen confirmed last...
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by Christopher Nye | Jul 4, 2019
The dollar is weak this morning against a basket of currencies as expectations of a rate cut have increased. This is due to a series of weak data that was released yesterday. Factory orders were down 0.7% for May and the ISM non-manufacturing index fell to 55.1 in...
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by Christopher Nye | Jul 4, 2019
Euro is choppy this morning as German construction figures showed the third drop in as many months, reaching the lowest level since last October. Nonetheless, future expectations remain positive, with interest rates expected to remain low and demand high. The...
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by Christopher Nye | Jul 4, 2019
The two Conservative leadership candidates have made further promises ahead of voting for the new Prime Minister. Boris Johnson has pledged to recruit 20,000 police officers over two years if he becomes Prime Minister, whilst Jeremy Hunt has promised a free vote to...
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