by Christopher Nye | Jun 14, 2019
The pound weakened yesterday as the first Conservative leadership ballot confirmed Boris Johnson not just as the leading candidate, but far ahead of any of the others, with more than double of Michael Gove and Jeremy Hunt. The euro is relatively stable this morning,...
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by Christopher Nye | Jun 13, 2019
The dollar has weakened against the euro this morning amid uncertainty over whether the US and China will be able to reach a deal during the G-20 summit in Japan at the end of the month. However, the greenback is benefitting from the pound’s weakness. Figures released...
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by Christopher Nye | Jun 13, 2019
Finance ministers across the eurozone are to discuss Italy’s budget crisis and the potential use of an Excessive Debt Procedure if Rome fails to work on its budget deficit. Penalties could include a fine of as much as $2 billion. Brexit continues – unsurprisingly – to...
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by Christopher Nye | Jun 13, 2019
The pound has weakened after the Commons rejected the chance to pass legislation to block a no-deal Brexit. The Labour Party, along with Tory rebels, put the motion to Parliament. However, this was rejected by 309 votes to 298. Opponents of no-deal are worried that...
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by Christopher Nye | Jun 13, 2019
The pound is choppy this morning, with the first ballot in the Conservative set to begin within half an hour. We have already seen a weakening in the sterling yesterday, after the Commons rejected a Labour motion against no-deal. However, no-one can predict what will...
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