by Christopher Nye | May 24, 2019
The pound is choppy this morning as rumours grow of a resignation date announcement from Theresa May later today, or, at the latest, by Monday. This only adds to the market uncertainty accompanying Brexit and the current European elections, as a leadership change...
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by Christopher Nye | May 23, 2019
The dollar remains strong this morning after the Federal Reserve released the minutes from their latest monetary policy meeting. The minutes indicate that the Fed will keep interest rates steady, and that their current ‘patient’ approach will stay in place for some...
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by Christopher Nye | May 23, 2019
Elections, ECB meetings, economic readings – it’s a busy day for the eurozone today. So far, sterling’s weakness is euro’s gain, as the single currency is up this morning against a pound weakened by worries over today’s elections, a potential change of Prime Minister...
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by Christopher Nye | May 23, 2019
Sterling has weakened further this morning as European election voting begins. This comes as the Prime Minister’s exit looks more likely than ever, following reports that many MPs expect her to resign in the next day or two. Former Leader of the House of Commons,...
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by Christopher Nye | May 23, 2019
Voting began for European elections this morning and, with the Brexit Party polling with the greatest vote share, and rumours of an imminent leadership change, the pound is under significant downward pressure against the euro and dollar. Elections results will be...
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