by Christopher Nye | Jul 23, 2019
The pound is choppy this morning as the markets await the announcement of the new Prime Minister at 11:45 this morning. It is widely expected to be Boris Johnson, so we can expect a certain level of pricing in, but a lot will hinge on Johnson’s own remarks, including...
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by Christopher Nye | Jul 22, 2019
We’ve reached that time of the year when coming to work is a complete joy. Even more of a complete joy, perhaps I should say. The schools are off, the trains are empty and there’s a heatwave pencilled in for midweek. All we have to detain us on the way to...
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by Christopher Nye | Jul 22, 2019
The dollar is weak against both the pound and the euro this morning. This is possibly due to increasing expectations that the Federal Reserve will cut interest rates next week, although the question remains as to how much they will be cut by. The markets are also...
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by Christopher Nye | Jul 22, 2019
The euro is strong against the pound this morning and weaker against the dollar. The markets are looking ahead to Consumer Confidence data tomorrow, a series of PMI data on Wednesday and the ECB interest rate decision on Thursday, which is likely to have an effect on...
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by Christopher Nye | Jul 22, 2019
The pound is weak against the euro and the dollar this morning. Brexit worries and geopolitical tensions are still weighing on sterling. On Friday, Iran seized a UK tanker. Theresa May is chairing a security meeting this morning due to worries over the relationship...
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