A steady hand through uncertainty

The pound perked up yesterday, to its highest rate for a couple of weeks against both the euro and US dollar. The reason was the continuing talks between the Government and Opposition on Brexit. Whatever the mood and opinion among the Conservative and Labour Party...


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USD: US-China trade talks resume

The dollar hovered near a 23 month high against most major currencies yesterday, despite mixed economic data from the US. Today, US negotiators head to China to try to agree on a trade deal between the two countries. After months of ongoing talks, both sides have...


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EUR: Disappointing economic data keeps euro low

Euro showed a slight drop yesterday following lower-than-expected business confidence figures, seven points below expectations. Consumer confidence was down six points to -7.9 month-on-month, and economic sentiment also showed a drop. This morning, France’s GDP growth...


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Sterling at three-day high against dollar

Sterling hit a three-day high against the dollar yesterday, benefitting from the USD’s general weakness. It also saw a strengthening against the euro, as largely disappointing economic releases kept the single currency low. US-China trade talks recommence today, with...


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