by Christopher Nye | Jul 26, 2019
Euro is up against the pound this morning, recovering from a slight drop after the ECB said that it would increase stimulus measures and would likely cut rates, despite already being at historic lows. It seems likely therefore that, at the next meeting on 12th...
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by Christopher Nye | Jul 26, 2019
The pound is down against both the euro and the dollar this morning. This is possibly due to further uncertainty surrounding Brexit, following reports that EU officials have rejected Boris Johnson’s Brexit policy. The EU’s chief Brexit negotiator, Michel Barnier, said...
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by Christopher Nye | Jul 26, 2019
The euro is back up against the pound this morning, after a brief dip as the ECB revealed the results of its meeting, signalling a potential rate cut in September and further QE packages. Mario Draghi highlighted the economic outlook for the eurozone getting ‘worse...
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by Christopher Nye | Jul 25, 2019
The dollar is looking strong this morning, and is up against both the pound and the euro. This comes after Treasury Secretary, Steven Mnuchin told reporters that the US benefits from the greenback’s standing as the world’s reserve currency, saying that he would not...
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by Christopher Nye | Jul 25, 2019
The euro is choppy against the pound this morning, as the markets await the outcome from the ECB’s interest rate decision this afternoon. There aren’t expected to be any changes now, but they are expected to signal a rate cut in September. Asset purchases may also be...
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