by Christopher Nye | Jun 26, 2019
The pound has weakened against both the dollar and the euro as the increasing possibility of a no-deal scenario continues to weigh. Latest developments in the Conservative leadership race have done no favours for sterling, with Boris Johnson and Jeremy Hunt divided on...
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by Christopher Nye | Jun 26, 2019
Fears about an increased likelihood of a no-deal Brexit are weighing on the pound this morning, following comments by Boris Johnson that the 31st October deadline is ‘do or die, come what may’. The euro is benefitting from this weakness, up against the pound despite...
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by Christopher Nye | Jun 26, 2019
The pound continues to trade at a rate some way off its early 2019 highs but some way above its 2016, 2017 and 2018 lows too. A poll in today’s Times found that 36% of the population believe that the claims that a no-deal Brexit would cause severe damage to the...
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by Christopher Nye | Jun 25, 2019
The dollar is weak this morning against both the pound and the euro, falling to a three-month low against the single currency. The prospect of monetary easing by the Federal Reserve still continues to weigh on the greenback. Scheduled speeches from influential FOMC...
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by Christopher Nye | Jun 25, 2019
The euro is down against the pound this morning, despite continued concerns in the UK about the possibility of a no-deal Brexit. Further political news will come later this week from the G20 summit. Meanwhile, the single currency is at a three-month high against the...
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