by Christopher Nye | Sep 12, 2019
The dollar edged higher yesterday but is looking weaker this morning. President Trump tweeted that at the request of the Vice Premier of China and due to the 70th anniversary of the People’s Republic of China, the US will be moving their tariff increases from...
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by Christopher Nye | Sep 12, 2019
Euro’s had a choppy start to the day as the markets await the ECB’s monthly meeting – also the last to be chaired by Mario Draghi. A rate cut is widely expected, as is a stimulus package, although the extent of that package is expected to be relatively small. Amid...
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by Christopher Nye | Sep 12, 2019
Sterling was strong against the euro and weak against the dollar yesterday, but is slightly weaker this morning. The prorogation of Parliament was ruled unlawful by Scotland’s highest civil court and the government is expected to appeal this decision next week....
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by Christopher Nye | Sep 11, 2019
Yesterday, the dollar remained strong against the euro and weak against the pound as US job openings fell for the second month in a row. They declined by 31,000, falling to a seasonally adjusted 7.2 million for July. We’ll see a flurry of economic data releases for...
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by Christopher Nye | Sep 11, 2019
Euro was down against the pound, after French and Italian industrial production came in worse than expected yesterday. Fears of a no-deal do continue to weigh on both currencies, as Guy Verhofstadt joined with French officials in calling for a veto of any further...
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