by Christopher Nye | May 16, 2019
The euro is up against the pound this morning following comments from multiple MPs that Theresa May’s deal is unlikely to pass through Parliament in June. Euro also strengthened against the dollar as the US indicated that it would likely hold off car tariff hikes for...
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by Christopher Nye | May 16, 2019
Sterling hit a three month low yesterday and remains weak this morning as comments from various MPs confirmed that it’s unlikely that the Prime Minister’s Brexit deal will get through Parliament in June. The Labour Party said that it would not support the deal if a...
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by Christopher Nye | May 16, 2019
The pound has hit a three-month low yesterday following widespread expectations that Theresa May’s deal will not pass through a further vote this June – meaning that yet more uncertainty is on the horizon. The euro benefited from sterling’s weakness, and...
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by Christopher Nye | May 15, 2019
The dollar has strengthened this morning against most major currencies, due to comments from senior Federal Reserve officials that have played down the likelihood of interest rate cuts. US-China trade talks continue to govern the dollar, which made gains against both...
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by Christopher Nye | May 15, 2019
The euro regained ground this morning after stats showed a better-than-expected growth rate for the German economy. This followed an unexpected turn, as both Eurozone and German economic sentiment fell quite a way below expectations. German figures went from a...
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