by Christopher Nye | Jun 24, 2019
The pound is in a weak position this morning, as it is still under pressure amid increasing expectations of a no-deal Brexit. The possibility of rate cuts later this year are keeping the dollar low, whilst the euro is benefiting from the greenback’s weakness. Hustings...
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by Christopher Nye | Jun 24, 2019
For most of the past year the EU’s relationship with Europe has offered three very different, but clear, possibilities: a no deal Brexit, a “soft Brexit” of some description or another referendum (that could easily see Brexit cancelled entirely). That was all tricky...
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by Christopher Nye | Jun 21, 2019
This morning, dollar is weak against the euro and stronger against the pound. It still appears to be suffering from the Federal Reserve’s dovish interest rate announcement, with two cuts expected before the end of the year. A former Fed governor has said that if...
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by Christopher Nye | Jun 21, 2019
The euro is strong against the pound and choppy against the dollar this morning. Today, a series of PMI data will be released, which could have a bearing on the euro. However, given the recent change in tone from the ECB and the Federal Reserve, the data could have...
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by Christopher Nye | Jun 21, 2019
The pound dropped yesterday and is in a weak position this morning, following the Bank of England’s monetary policy decision yesterday. Surprisingly, officials voted to hold interest rates at 0.75%, despite suggestions that they may have been a rate hike in the near...
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