by Christopher Nye | May 21, 2019
After making some gains yesterday on the back of the Prime Minister’s promise of a ‘bold new deal’, the pound is weaker today against both the euro and the dollar. Its high was possibly short lived due to scepticism from the Labour Party over whether this deal will...
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by Christopher Nye | May 21, 2019
The possibility of a no-deal appears to be rising, despite Theresa May declaring a ‘bold new deal’. The pound is lower today against both the euro and dollar, although the former is also being kept lower by fears over a Eurosceptic surge in the European elections. The...
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by Christopher Nye | May 20, 2019
The dollar is down against the pound this morning, possibly due to growing US-China trade tensions and in anticipation of a speech from Federal Reserve Chairman Jerome Powell, which will take place later today. The greenback remains strong against the euro, however....
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by Christopher Nye | May 20, 2019
It’s going to be a busy week for the eurozone, with European Parliament elections coming up on the 23rd, amid fears of a surge in Euroscepticism. On the same day, we’ll also see the ECB minutes and, also this week, OECD economic predictions. As if that weren’t enough,...
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by Christopher Nye | May 20, 2019
The pound looks stronger this morning after a poor performance last week, but could still show volatility ahead of European elections on Thursday. The outcome could have a strong effect on the pound, especially if the possibility of a no-deal Brexit starts to look...
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