by Christopher Nye | Oct 4, 2019
Euro is choppy this morning after a mixed day of economic releases, and as hopes of a Brexit deal strengthened sterling. Eurozone and German services and composite PMI both came in below expectations yesterday. Meanwhile, the ECB’s Luis de Guindos has raised the...
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by Christopher Nye | Oct 4, 2019
The pound strengthened to an eight-day high yesterday on hopes that a Brexit deal will be reached. This morning, it’s choppy against the euro and the dollar. Eurosceptic members in the Conservative Party have said that the latest Brexit plan could mean that...
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by Christopher Nye | Oct 4, 2019
Sterling was buoyed yesterday afternoon on hopes of a Brexit deal being reached. Thus far, the EU’s responses have ranged from non-committal to concerned, but much will ride on the Irish government’s response in the coming ten days of negotiations. It was otherwise a...
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by Christopher Nye | Oct 3, 2019
The dollar dipped lower against the pound and the euro yesterday amid worries of global growth following poor manufacturing figures, which were released earlier in the week. The greenback has edged slightly higher this morning. Figures for private sector payrolls...
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by Christopher Nye | Oct 3, 2019
The US is set to impose tariffs on $7.5 billion of European goods, which could range from aircraft parts to luxury goods and even shellfish, in the latest move in trade tensions between the two. The EU has already warned that it will respond in kind of the US does go...
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