by Christopher Nye | May 7, 2019
After reaching a one-month high on Friday, sterling appears to have weakened today as it continues to be governed by the latest developments in cross-party Brexit talks. The dollar has kept to a tight range ahead of a crucial week for US-China trade talks, whilst the...
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by Christopher Nye | May 3, 2019
The greenback was strong against most major currencies yesterday and continues to edge higher, as it gained on the back of Federal Reserve Chairman Jerome Powell’s comments on inflation. He said that the factors dragging on inflation might be “transitory” and he saw...
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by Christopher Nye | May 3, 2019
It’s been a good end to the week so far for the euro, with major manufacturing PMI releases all almost reaching or exceeding expectations, from Spain, France, Germany and the Eurozone as a whole. The euro strengthened slightly as a result. Later today, we will see...
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by Christopher Nye | May 3, 2019
Sterling weakened from its two-week high after the Bank of England voted to keep interest rates steady. They also warned that Brexit could continue to cloud the outlook for monetary policy, stating that the pound ‘takes its orders from Westminster, not the City at the...
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by Christopher Nye | May 3, 2019
Strong manufacturing data yesterday from most of the main eurozone economies helped to boost the euro, while a Bank of England vote to keep interest rates steady put downward pressure on the pound. The dollar is still slowly inching higher, as the markets react...
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