by Christopher Nye | Oct 16, 2019
The pound reached a five month high against the dollar yesterday, as the currency continues to find strength on hopes of a Brexit deal. The EU’s chief negotiator, Michel Barnier said it was “time to turn good intentions into legal text”, in order for the EU to back...
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by Christopher Nye | Oct 16, 2019
The pound reached a five month high yesterday, on the back of comments from the EU’s chief negotiator, Michel Barnier, which suggested that a Brexit deal could be achieved this week. However, as we enter the last day of negotiations, sterling has fallen over worries...
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by Christopher Nye | Oct 16, 2019
We’ve had one of our busiest weeks of the year as those of our clients with a major transaction in the offing have been either paying the full amount now – using a spot contract – or locking in today’s exchange rate for a transaction in the...
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by Christopher Nye | Oct 14, 2019
The dollar was strong against the pound and the euro yesterday as initial optimism following US-China trade talks faded slightly. This was due to the lack of detail which materialised from the talks last week. This morning, the dollar is weaker against the pound and...
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by Christopher Nye | Oct 14, 2019
The euro was stronger against the pound and weaker against the dollar yesterday afternoon. The single currency was relatively unmoved by Industrial Production data, which showed a month-on-month increase in August. It rose by 0.4%, beating expectations of a 0.3% rise....
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