by Christopher Nye | Jun 11, 2019
Italian industrial production showed an increase yesterday year-on-year, in a positive sign for the country’s beleaguered economy. It was, however, still below expectations, so we did see a small weakening in the euro. Overall, however, euro is still at one of its...
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by Christopher Nye | Jun 11, 2019
The pound dropped yesterday, and is still in a weak position this morning after the release of April GDP figures. The figures showed a slump in car manufacturing and a decline from the earlier boost in Brexit-related stockpiling. The worse-than-expected figure came in...
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by Christopher Nye | Jun 11, 2019
Pound sterling dropped yesterday following worse-than-expected GDP data for the UK, showing in particular a slump in car manufacturing. The Tory leadership contest is now beginning in earnest, and we could see significant volatility on the back of it. There are...
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by Christopher Nye | Jun 10, 2019
The dollar has rebounded after a poor performance on Friday, reaching a strong position against the euro and the pound this morning. This comes as the US have stepped back from launching a trade war with Mexico. President Trump had originally pledged to impose a 5%...
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by Christopher Nye | Jun 10, 2019
Euro is slightly weaker against the pound this morning, as concerns over who will be the future UK Prime Minister continue. Boris Johnson has raised the prospect of the UK not paying the so-called ‘divorce bill’ if there is no progress on talks, in a...
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