by Christopher Nye | Jun 4, 2019
The dollar is weak against both the pound and the euro this morning, due to suggestions that the Federal Reserve may cut interest rates. St Louis Fed President, James Bullard, said that an “insurance” rate cut may be “warranted soon.” This is due to rising trade war...
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by Christopher Nye | Jun 4, 2019
Euro is stronger against the pound this morning, after a good day for economic releases. German and French manufacturing PMI both met market expectations, with just a small drop for German figures. Crucially, Italian manufacturing PMI came in better than expected, and...
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by Christopher Nye | Jun 4, 2019
The pound is weak against the euro and stronger against the dollar this morning, benefitting from greenback’s weakness and suffering due to the euro’s strength against the dollar. Boris Johnson has said again that the UK will leave the EU with or without a deal in...
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by Christopher Nye | Jun 4, 2019
Poor manufacturing releases from the UK and US – with the latter falling to a ten-year low – have helped keep the pound and dollar respectively low. Euro has benefited from this weakness, with an upward tick this morning. Boris Johnson, still one of the favourites for...
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by Christopher Nye | Jun 3, 2019
We’re not so much at a fork in the road for Brexit as a multiway crossroads – and absolutely no-one can predict which path the UK will take. The Conservative Party’s leadership contest has now reached thirteen nominations, with seven days still to go for anyone with...
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