by Christopher Nye | Jun 21, 2019
The euro is strong against the pound and choppy against the dollar this morning. Today, a series of PMI data will be released, which could have a bearing on the euro. However, given the recent change in tone from the ECB and the Federal Reserve, the data could have...
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by Christopher Nye | Jun 21, 2019
The pound dropped yesterday and is in a weak position this morning, following the Bank of England’s monetary policy decision yesterday. Surprisingly, officials voted to hold interest rates at 0.75%, despite suggestions that they may have been a rate hike in the near...
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by Christopher Nye | Jun 21, 2019
A surprise announcement from the Bank of England yesterday caused the pound to weaken, and it is still looking volatile today. Recent developments in the Conservative leadership race have also had a bearing on sterling, with only two candidates, Jeremy Hunt and Boris...
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by Christopher Nye | Jun 20, 2019
The dollar is weak across the board this morning after the Federal Reserve’s policy announcement yesterday. Despite the Fed deciding to keep interest rates steady for now, it signalled that it is ready to lower interest rates in the near future due to risks at home...
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by Christopher Nye | Jun 20, 2019
The euro is strong against the dollar and choppy against the pound this morning. As well as benefitting from the greenback’s weakness, the single currency is trying to shrug off Draghi comments and weak economic data. Today, Consumer Confidence data will be released...
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