by Christopher Nye | May 29, 2019
The dollar is strong this morning, holding on to its previous gains against both the pound and the euro. It’s still benefitting from the weakness of both, which are still suffering due to the aftermath of the European elections and the increasing likelihood of a...
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by Christopher Nye | May 29, 2019
The euro remains weak this morning, dipping on comments from Italian deputy Prime Minister Matteo Salvini, saying that the European Commission could fine Italy three billion euros for breaking EU debt and deficit rules. The euro awaits the release of German...
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by Christopher Nye | May 29, 2019
The pound is looking volatile and choppy this morning as the Tory leadership battle gets underway. With so many senior Conservative MPs throwing their hats into the ring, it is thought likely to be prolonged process. Brexiteer candidate Esther McVey has said that the...
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by Christopher Nye | May 29, 2019
It’s going to be a volatile few weeks ahead for the pound, as the selection of a new Tory leader begins. With such a high number of candidates, a television debate and the direction of Brexit riding on the choice, the markets will be watching closely. It’s been a...
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by Christopher Nye | May 29, 2019
The pound has settled in against the euro and US dollar at about 4% down on its highs of just three weeks ago. Given the leadership contest for Prime Minister and the many directions that can go, with such a small and unpredictable electorate, you’d have to say it...
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