by Christopher Nye | May 2, 2019
The pound remained strong yesterday and is still strong this morning after Prime Minister Theresa May said her plan to negotiate a customs arrangement was similar to that of the Labour Party, suggesting that progress has been made with cross-party Brexit talks. She...
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by Christopher Nye | May 2, 2019
The pound strengthened yesterday as Theresa May said that progress was being made in cross-party talks, stating that the Conservatives and Labour parties were not too far apart on plans for a customs arrangement. Meanwhile, positive PMI data from the Eurozone has kept...
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by Christopher Nye | May 1, 2019
The dollar was down against the pound and the euro yesterday, due to mixed U.S. data and caution ahead of a two-day Federal Reserve meeting, which pushed the dollar further away from a near two-year high. The greenback remains in a weak position this morning. No...
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by Christopher Nye | May 1, 2019
After a bleak start to the weak, the Eurozone saw some positive economic data releases yesterday. German annual inflation accelerated to 2.1% in April, faster than the European Central Bank’s target. Unemployment hit a 10-year low, falling from 7.8% in February to...
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by Christopher Nye | May 1, 2019
Sterling hit a two week high yesterday in reaction to news that progress had been made in cross-party Brexit talks. Talks between the government and the Labour party are said to have been productive, with Prime Minister Theresa May wanting to reach a conclusion by the...
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