by Christopher Nye | Jun 11, 2019
Pound sterling dropped yesterday following worse-than-expected GDP data for the UK, showing in particular a slump in car manufacturing. The Tory leadership contest is now beginning in earnest, and we could see significant volatility on the back of it. There are...
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by Christopher Nye | Jun 10, 2019
The dollar has rebounded after a poor performance on Friday, reaching a strong position against the euro and the pound this morning. This comes as the US have stepped back from launching a trade war with Mexico. President Trump had originally pledged to impose a 5%...
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by Christopher Nye | Jun 10, 2019
Euro is slightly weaker against the pound this morning, as concerns over who will be the future UK Prime Minister continue. Boris Johnson has raised the prospect of the UK not paying the so-called ‘divorce bill’ if there is no progress on talks, in a...
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by Christopher Nye | Jun 10, 2019
After a brief uplift at the end of last week, the pound is in a weak position this morning as the Conservative leadership race gets officially underway. Any last-minute hopefuls have until 5pm this evening to enter the contest. Fresh controversy at the weekend has...
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by Christopher Nye | Jun 10, 2019
The pound is under pressure amid expectations of poor GDP releases, although it has started to show a small uptick, possibly as the forecasts are priced in. Euro is weaker against the pound this morning on what is a quiet week for the eurozone. Few economic releases...
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