by Christopher Nye | Jul 23, 2019
The dollar is strong this morning against both the pound and the euro, helped by a rise in US treasury yields and the increasing possibility of a 25 basis point interest cut, rather than a 50 basis point cut. The greenback has reached one-week highs this morning....
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by Christopher Nye | Jul 23, 2019
The euro is choppy ahead of a day of important economic releases and the announcement of the new UK Prime Minister, which could help to signal the direction of future Brexit negotiations. Business confidence figures for the eurozone are expected to show a decline, as...
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by Christopher Nye | Jul 23, 2019
The pound is weak against both the euro and the dollar this morning, ahead of the announcement of the new Prime Minister at around 11:45am. It’s still widely expected that Boris Johnson will take the position. Sterling has taken a hit due to threats of ministerial...
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by Christopher Nye | Jul 23, 2019
The pound is choppy this morning as the markets await the announcement of the new Prime Minister at 11:45 this morning. It is widely expected to be Boris Johnson, so we can expect a certain level of pricing in, but a lot will hinge on Johnson’s own remarks, including...
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by Christopher Nye | Jul 22, 2019
We’ve reached that time of the year when coming to work is a complete joy. Even more of a complete joy, perhaps I should say. The schools are off, the trains are empty and there’s a heatwave pencilled in for midweek. All we have to detain us on the way to...
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