by Christopher Nye | Jun 17, 2019
The pound has lots of factors to contend with this week, the main one being the Conservative leadership race. A television debate tomorrow and further votes throughout the week are potential drivers of volatility. These votes will culminate in a ballot for party...
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by Christopher Nye | Jun 17, 2019
It seems increasingly likely that Boris Johnson will become Britain’s Prime Minister within a few weeks. Whatever your opinion on that, anyone with a major transaction coming up abroad – whether for a property, a business deal, school fees or anything else –...
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by Christopher Nye | Jun 14, 2019
The dollar is strong against the pound this morning and choppy against the euro. Sterling’s weakness has helped the greenback, which is anticipating The Federal Open Market Committee’s (FOMC) two-day policy meeting on Tuesday. The markets have predicted that there...
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by Christopher Nye | Jun 14, 2019
Euro is relatively steady this morning. Boris Johnson continues to look like the prime candidate in the Tory leadership race, which could spell volatility ahead – but was largely expected by the markets during yesterday’s ballot. It has been a quiet week this week for...
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by Christopher Nye | Jun 14, 2019
Sterling took a hit yesterday, and is still in a weak position this morning after it transpired that Boris Johnson is well ahead in the Conservative leadership race. He received 114 votes, with Jeremy Hunt coming in second place with 43 and Michael Gove in third place...
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