by Christopher Nye | Jun 14, 2019
Euro is relatively steady this morning. Boris Johnson continues to look like the prime candidate in the Tory leadership race, which could spell volatility ahead – but was largely expected by the markets during yesterday’s ballot. It has been a quiet week this week for...
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by Christopher Nye | Jun 14, 2019
Sterling took a hit yesterday, and is still in a weak position this morning after it transpired that Boris Johnson is well ahead in the Conservative leadership race. He received 114 votes, with Jeremy Hunt coming in second place with 43 and Michael Gove in third place...
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by Christopher Nye | Jun 14, 2019
The pound weakened yesterday as the first Conservative leadership ballot confirmed Boris Johnson not just as the leading candidate, but far ahead of any of the others, with more than double of Michael Gove and Jeremy Hunt. The euro is relatively stable this morning,...
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by Christopher Nye | Jun 13, 2019
The dollar has weakened against the euro this morning amid uncertainty over whether the US and China will be able to reach a deal during the G-20 summit in Japan at the end of the month. However, the greenback is benefitting from the pound’s weakness. Figures released...
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by Christopher Nye | Jun 13, 2019
Finance ministers across the eurozone are to discuss Italy’s budget crisis and the potential use of an Excessive Debt Procedure if Rome fails to work on its budget deficit. Penalties could include a fine of as much as $2 billion. Brexit continues – unsurprisingly – to...
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