by Christopher Nye | Aug 15, 2019
The dollar is weak this morning against both the euro and the pound, possibly due to recession fears and trade war uncertainty. There are increasing concerns that a recession could hit the US economy, due to a yield curve which inverted yesterday for the first time...
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by Christopher Nye | Aug 15, 2019
Euro is choppy this morning, after a downturn yesterday following poor economic releases. While largely expected by the markets, the drop in GDP growth is not a good sign – and year-on-year industrial production figures came in lower than forecast, at -2.6% over...
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by Christopher Nye | Aug 15, 2019
Sterling is stronger against both the pound and the dollar this morning. This comes after news that Labour will try to defeat a no-deal Brexit. Jeremy Corbyn has urged leaders of the other opposition parties and Tory rebels to back a vote of no confidence in the Prime...
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by Christopher Nye | Aug 15, 2019
The pound is up this morning after a relatively positive day yesterday for economic releases, with inflation coming in at 2.1%, just above the Bank of England’s target. It was also helped by downward pressure on the euro, after poor GDP and industrial production...
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by Christopher Nye | Aug 14, 2019
The dollar is looking weak this morning, as developments in the US-China trade war continue. In a surprising turn of events, President Trump has decided to delay tariffs on some Chinese imports due to ‘health, safety, national security and other factors.’ This comes...
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