by Christopher Nye | Jun 3, 2019
The Euro is under pressure this morning as it awaits the outcome of the ECB’s rate decision on Thursday, expected to be held in negative territory amid poor growth outlooks. German manufacturing PMI has just been released, holding relatively steady, down 0.1% month on...
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by Christopher Nye | Jun 3, 2019
Sterling is in positive territory against both the dollar and the euro this morning, but remains choppy. Despite benefitting from the weakness of the greenback and the single currency, the pound remains at the mercy of Brexit uncertainty and the increasing possibility...
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by Christopher Nye | Jun 3, 2019
The pound is up against both the euro and dollar this morning, as concerns about this week’s rate decision from the European Central Bank the EU and worries over US-China trade tensions in America keep both low. Donald Trump is on a state visit to the UK today, and...
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by Christopher Nye | May 31, 2019
The dollar has started the morning on a choppy note, possible due to Trump’s tweet yesterday. He stated that the US will impose a 5% tariff to all goods coming into the country from Mexico, on the 10th of June. This is an attempt to stop illegal immigration. The...
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by Christopher Nye | May 31, 2019
The euro is low but relatively stable this morning, as fears over the Italian economy in particular continue to put on pressure. Reaction to the Italian yearly GDP figures, coming in at -0.1% – rather than the 0.1% expected – will likely cause further volatility. With...
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