by Christopher Nye | May 23, 2019
Elections, ECB meetings, economic readings – it’s a busy day for the eurozone today. So far, sterling’s weakness is euro’s gain, as the single currency is up this morning against a pound weakened by worries over today’s elections, a potential change of Prime Minister...
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by Christopher Nye | May 23, 2019
Sterling has weakened further this morning as European election voting begins. This comes as the Prime Minister’s exit looks more likely than ever, following reports that many MPs expect her to resign in the next day or two. Former Leader of the House of Commons,...
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by Christopher Nye | May 23, 2019
Voting began for European elections this morning and, with the Brexit Party polling with the greatest vote share, and rumours of an imminent leadership change, the pound is under significant downward pressure against the euro and dollar. Elections results will be...
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by Christopher Nye | May 22, 2019
All I can think to say about Theresa May’s “new and comprehensive offer” is that it’s all starting to remind me of a song – Three Wheels on my Wagon – that will be familiar to anyone over 50. On a happier note, I would like to mention how much we welcome feedback. We...
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by Christopher Nye | May 22, 2019
The dollar has hit a two-week high this morning ahead of the release of the minutes from the Federal Reserve’s latest monetary policy meeting. The minutes are expected to show a less cautious stance from Jerome Powell. However, this meeting took place before the...
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