by Christopher Nye | Apr 18, 2019
After a brief drop yesterday due to positive Chinese economic data, dollar largely regained its ground against the pound and euro. The US trade deficit has continued to narrow, reaching its smallest point since June 2018, at $49.4 billion. Last month, the deficit was...
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by Christopher Nye | Apr 18, 2019
Euro strengthened early yesterday morning against the pound, although it was only brief. Eurozone balance of trade came in much better than predicted, at €17.5 billion instead of €12.3 billion. It’s been a relatively positive week for the Eurozone so far, although...
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by Christopher Nye | Apr 18, 2019
Sterling briefly dipped yesterday as inflation came in yesterday at 1.9%, unchanged from the previous month and not quite at market expectations of 2%. However, it soon regained its ground. House prices showed the slowest rise since September 2012, according to ONS...
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by Christopher Nye | Apr 18, 2019
Sterling is on a slight upward tick this morning following a relatively positive week. Although inflation came in just below expectations, it only had a small dip that it soon regained. The retail price index also came in below forecasts, but it seems that the markets...
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by Christopher Nye | Apr 17, 2019
Strong Chinese economic data, including GDP growth and industrial production, caused the dollar to weaken briefly against a basket of currencies this morning. The dollar has also weakened slightly against the pound yesterday on lower-than-expected industrial...
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