by Christopher Nye | Mar 11, 2019
All eyes are looking forward this week, as the big event for the euro, like the pound, will be the meaningful vote on the Brexit deal in the House of Commons. At the moment, it looks unlikely that the withdrawal agreement will be much changed – and so it could well be...
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by Christopher Nye | Mar 11, 2019
Despite a brief uplift early on Friday, the pound finished last week on a low. This was caused by further stagnation of the backstop talks in Brussels, with a breakthrough still looking unlikely. Early on Friday, the Prime Minister urged EU officials to make...
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by Christopher Nye | Mar 11, 2019
All attention this week will be on Tuesday’s ‘meaningful’ Brexit vote on Theresa May’s withdrawal agreement. Thus far, the EU’s Chief Negotiator Michel Barnier’s stance has remained unchanged, with seemingly no concessions won. Further talks will take place today,...
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by Christopher Nye | Mar 8, 2019
The dollar is going from strength to strength, spurred on yesterday against the euro by poor economic growth forecasts from the ECB. As a result of Europe’s decision to ease monetary policy, European bond yields have tumbled, causing the euro to drop further against...
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by Christopher Nye | Mar 8, 2019
The ECB’s meeting yesterday highlighted that things aren’t looking particularly rosy for the Eurozone. Although not entirely unexpected, Euro weakened against the pound as growth forecasts were slashed from 1.7% to 1.1%, one point below the forecasted reduction. The...
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