by Christopher Nye | Apr 25, 2019
The global economic slowdown doesn’t to be much affecting the US, as strong economic releases helped to strengthen the dollar against the pound. Tech earnings showed positive results yesterday, while there are rumours of the Federal Reserve changing its stance on rate...
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by Christopher Nye | Apr 25, 2019
Euro weakened yesterday evening as the Ifo business climate index for Germany fell 0.5 points, missing market expectations of 99.9. It looks like the upswing last month wasn’t necessarily the start of a positive trend. Spain’s deficit rose from €2.17 billion to €2.63...
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by Christopher Nye | Apr 25, 2019
Sterling saw a small upward tick yesterday evening against the euro, as German economic data failed to meet expectations. This came despite greater concern over the state of cross-party talks – and performance in the upcoming European elections. It remains to be seen...
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by Christopher Nye | Apr 25, 2019
Euro saw a slight downward trend against the pound and dollar yesterday evening, as German business climate figures came in below expectations. Movement is still muted in the pound, however, as the markets wait for any sign of a Brexit breakthrough. Thus far, nothing...
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by Christopher Nye | Apr 24, 2019
Robust new home sales figures helped to boost the dollar against the pound and euro yesterday. Forecast at 647k, they came in slightly higher at 692k, in more evidence of the relative strength of the American economy right now. The dollar index, which measures it...
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