by Christopher Nye | Jul 9, 2019
European leaders are being urged to take action to boost the eurozone’s economy. The European Fiscal Board has called for countries to ‘use at least part of their available fiscal space in 2020…to increase spending on investment and enhance potential growth.’ Bank of...
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by Christopher Nye | Jul 9, 2019
The pound is hovering at six-month lows against the dollar this morning, and is still struggling to make any gains. Aside from the flash drop from January, this is now the lowest sterling has been in some time, matching the lows from last December. It’s expected that...
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by Christopher Nye | Jul 9, 2019
The pound is still drifting at around a six-month low this morning against the dollar, and is down against the euro. Fears about Brexit are still weighing it down, with both contenders for Conservative Party leadership accused of having untenable plans for the short...
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by Christopher Nye | Jul 8, 2019
After rallying on Friday due to positive Non-Farm Payrolls, the dollar has slipped slightly this morning. US yields are down after gaining strongly at the end of last week. Non-Farm Payrolls data for June was better than expected, sparking a rally in the dollar and...
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by Christopher Nye | Jul 8, 2019
The euro is strong against both the dollar and the pound this morning. This follows a statement from Bank of France Governor Francois Villeroy de Galhau, who said that the ECB will wait for more economic data before making a decision on interest rates. Despite this,...
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