by Christopher Nye | Jul 29, 2019
The dollar is strong across the board this morning, due to better-than-expected GDP data last week. Markets are also looking ahead to the Federal Reserve interest rate decision on Wednesday. GDP data for the second quarter of 2019 was released on Friday, showing a...
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by Christopher Nye | Jul 29, 2019
The euro is up against the pound this morning, after comments from the UK government about the probability of a no-deal Brexit weakened the latter. The EU says that it’s not willing to reopen the issue of the Irish backstop, so any progress from both sides is, at the...
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by Christopher Nye | Jul 29, 2019
Sterling is weak this morning, hitting two-year lows against the dollar. This comes due to a weekend of rhetoric surrounding a no-deal Brexit. Boris Johnson unveiled a special Brexit cabinet committee tasked with handling preparations for a no-deal, which is now the...
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by Christopher Nye | Jul 29, 2019
The pound is down against the euro this morning, and has hit two-year lows against the dollar, as a no-deal Brexit seems more and more likely. Yesterday, speaking about the EU’s willingness to reopen negotiations on the withdrawal agreement, Michael Gove said that the...
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by Christopher Nye | Jul 26, 2019
US GDP data for the second quarter of 2019 is due to be released at 1:30pm today, and the dollar is looking strong ahead of this. The figure is forecast to come in at 1.8%. This is down from the first quarter, which came in at 3.1%. The GDP figure could determine the...
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