by Christopher Nye | Jun 7, 2019
The pound is up against both the euro and the dollar this morning, benefitting from a Labour win at the Peterborough by-election. The Labour Party won 31% of the votes, with the Brexit Party taking 29%. Labour candidate Lisa Forbes said that the win showed that people...
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by Christopher Nye | Jun 7, 2019
Results of the Peterborough by-election have been released this morning, defying predictions of a Brexit Party win. This has fared well for the pound as it continues to favour leaving the EU with a deal. Despite making some gains yesterday ahead of the ECB rate...
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by Christopher Nye | Jun 6, 2019
The dollar was in a weak position yesterday afternoon and remains low this morning as poor economic data and possible rate cuts weighed on the greenback. The ADP employment report showed that just 27,000 jobs were created in private companies in May, compared to the...
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by Christopher Nye | Jun 6, 2019
The euro is slowly inching upwards as the markets eye the upcoming ECB meeting and GDP growth rate release. There are no changes in interest rates or year-on-year growth expected, although there are predictions of a slight increase in growth quarter-on-quarter. These...
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by Christopher Nye | Jun 6, 2019
After making some positive gains yesterday, the pound has dropped this morning. This is possibly due to the debate which has occurred between Conservative leadership hopefuls, surrounding the possibility of a no-deal Brexit. Michael Gove has said that he would look to...
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