by Christopher Nye | Oct 16, 2019
The euro was weak against the pound and strong against the dollar yesterday afternoon. However, it is strong this morning, benefiting from sterling’s weakness. Inflation figures for the Eurozone were released yesterday, which showed an annual drop to 0.8% in...
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by Christopher Nye | Oct 16, 2019
The pound was volatile yesterday, as UK and EU officials embarked on the last day of Brexit talks. Talks with the Democratic Unionist Party ensued over the plans for Northern Ireland. They had previously expressed concerns over proposals to replace the backstop, which...
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by Christopher Nye | Oct 16, 2019
News that the Democratic Unionist Party has rejected Boris Johnson’s Brexit deal “as things stand” has sent the pound lower this morning. The EU summit will take place today, when EU leaders may formally approve a revised Brexit deal. However, due to...
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by Christopher Nye | Oct 16, 2019
The dollar was looking strong against the euro and weak against the pound yesterday, with caution regarding trade deal developments capping any gains. The optimism surrounding the US-China trade talks continues to wane, as uncertainties surrounding the phase one deal...
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by Christopher Nye | Oct 16, 2019
The euro looked weak against both the pound and the dollar yesterday, as positive Brexit rhetoric failed to lift the single currency. The ZEW Indicator of Economic Sentiment for Germany was relased yesterday, which fell 0.3 points from a month earlier to -22.8 in...
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