by Christopher Nye | Mar 27, 2019
Despite a release of bleak economic data from the US, poor figures from across the globe have caused the dollar to strengthen against most of its peers this morning. The stabilisation of U.S. Treasury yields also helped the dollar climb to a stronger position. Yet...
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by Christopher Nye | Mar 27, 2019
The euro remained steady against the pound this morning, with a quiet day for economic releases and most eyes on the British Parliament’s indicative votes this evening. ECB President Mario Draghi gave a speech in Frankfurt this morning in which he highlighted the...
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by Christopher Nye | Mar 27, 2019
After strengthening slightly yesterday, sterling has weakened this morning. This seems to have happened in anticipation of the indicative votes, which are due to take place this evening. Yesterday, the DUP said that they view a long Brexit extension preferable to...
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by Christopher Nye | Mar 27, 2019
Sterling weakened this morning after a brief rise as MPs prepare for Brexit indicative votes this evening. The process will see around six options, selected by Speaker John Bercow, likely to range from a customs union to another referendum and a ‘Norway 2.0’ option....
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by Christopher Nye | Mar 26, 2019
The GBP/USD exchange rate was flat yesterday after disappointing economic data from the US and growing fears of a no-deal Brexit. The dollar was pressured by February’s Chicago Fed National Activity Index figure, which slipped to a disappointing -0.29. This added to...
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