GBP: Pound stronger this morning

The pound has risen slightly against both the euro and the dollar this morning, possibly benefitting from their weakness. It also had a boost early this morning from consumer confidence, which, although in the negative, did come in better than expected. Prime Minister...


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Fascinating times, but no surprises

We can’t honestly say it’s a surprise. The pivot to serious no-deal planning was on the cards as soon as Boris Johnson put the Cummings-Gove duo in charge of planning Brexit. And when the markets woke up to the fact that it was an active possibility – indeed the...


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USD: Dollar strong ahead of Fed meeting tomorrow

The dollar reached a near two-month high yesterday and remains strong this morning ahead of the Federal Reserve’s interest rate decision tomorrow. Ahead of a possible 25 basis point cut, which is widely expected, President Trump tweeted that a small ‘insurance’ cut...


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