by Christopher Nye | Jul 11, 2019
The pound is up against the dollar and euro this morning, following GDP figures that came in better than expected – raising hopes that the UK’s economy might not be contracting as thought. Today, the markets will be looking for hints of future rate changes coming out...
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by Christopher Nye | Jul 10, 2019
The dollar is weak against the euro and strong against the pound this morning. Markets look towards the first in a series of speeches from Federal Reserve Chairman Jerome Powell, whose comments may determine if there will be a rate cut at the end of the month. FOMC...
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by Christopher Nye | Jul 10, 2019
Euro is up against a weakened pound this morning, as Brexit uncertainty continues to weigh it down. French industrial figures came in much better than forecast this morning, providing an unexpected boost, at 2.1% instead of 0.2%. Yesterday, Bunkhard Balz, member of...
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by Christopher Nye | Jul 10, 2019
The pound is heading for two-year lows this morning and was close to its lowest level since April 2017 yesterday. This comes due to expectations of a no-deal Brexit and poor retail data, reaffirming the woes of the UK high-street. Due to concerns about a worsening...
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by Christopher Nye | Jul 10, 2019
The pound is still around two-year lows, having hit its lowest level since April 2017 yesterday. Worries of a no-deal Brexit becoming more likely – and not assuaged by the BBC’s leadership debate – and poor retail data are keeping the pound low. Better-than-expected...
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