by Christopher Nye | Jul 3, 2019
Over the week the pound has continued the slow, ungainly lurch that has seen it lose 5% over the past two months. It’s hard to see any positivity for sterling on the horizon, with the inevitable political crisis we appear to be heading for in September, October and...
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by Christopher Nye | Jul 2, 2019
The dollar is strong against the pound and weaker against the euro this morning. The greenback originally made gains on the back of the truce between the US and China, however, this optimism faded due to doubts over whether a deal can be reached. Despite stating that...
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by Christopher Nye | Jul 2, 2019
Despite worries over a potentially contracting economy and a global slowdown, eurozone employment levels are on the up. Figures released yesterday showed unemployment to have declined to a low last seen in 2008, of just 7.5%. Although Spain, Portugal and Greece still...
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by Christopher Nye | Jul 2, 2019
The pound is weak against the euro and the dollar this morning, losing out to poor economic data and the increasing chance of a no-deal Brexit. Yesterday, Chancellor Philip Hammond warned the two leadership candidates, Boris Johnson and Jeremy Hunt, to “be honest”...
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by Christopher Nye | Jul 2, 2019
The pound is weak this morning as no-deal seems more likely, with both Johnson and Hunt stepping up their rhetoric around the possibility. Today, they are in Northern Ireland to continue to try to present their case to Conservative Party members. It’s been a positive...
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