by Christopher Nye | Jul 30, 2019
The dollar reached a near two-month high yesterday and remains strong this morning ahead of the Federal Reserve’s interest rate decision tomorrow. Ahead of a possible 25 basis point cut, which is widely expected, President Trump tweeted that a small ‘insurance’ cut...
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by Christopher Nye | Jul 30, 2019
The euro is down against the pound this morning as the eurozone awaits the release of a raft of confidence figures, including business and consumer confidence and economic, industrial and services sentiment. All but consumer confidence are expected to come in with a...
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by Christopher Nye | Jul 30, 2019
The pound remains weak this morning after tumbling to a 28-month low against the dollar yesterday, amid growing speculation that the UK is heading for a no-deal Brexit. Rhetoric to support this included comments from Michael Gove, who said the government are now...
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by Christopher Nye | Jul 30, 2019
The pound hit a 28-month low against the euro yesterday, as a no-deal Brexit seems more and more likely. Michael Gove said at the weekend that the government was working ‘on the assumption’ that the UK will be leaving without a deal. Boris Johnson’s tour around the...
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by Christopher Nye | Jul 29, 2019
The pound enjoyed what you might call a pico-bounce after Boris Johnson became Prime Minister last week – a “pico” being a thousand times smaller than a nano. But at least it was a bounce, and congratulations if you managed to lock in a forward...
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