by Christopher Nye | May 21, 2019
The dollar has hit a three-week high this morning, after the Federal Reserve Chairman Jerome Powell argued against cutting interest rates due to a high level of corporate debt. In US-China trade news, US officials have said that they will put a series of exemptions in...
read more
by Christopher Nye | May 21, 2019
It’s a relatively calm day today as the markets await a busy end to the week with ECB minutes and European elections. The eurozone’s current account figures were released yesterday, showing a narrowing of the current account surplus year-on-year, from €42.9 billion to...
read more
by Christopher Nye | May 21, 2019
After making some gains yesterday on the back of the Prime Minister’s promise of a ‘bold new deal’, the pound is weaker today against both the euro and the dollar. Its high was possibly short lived due to scepticism from the Labour Party over whether this deal will...
read more
by Christopher Nye | May 21, 2019
The possibility of a no-deal appears to be rising, despite Theresa May declaring a ‘bold new deal’. The pound is lower today against both the euro and dollar, although the former is also being kept lower by fears over a Eurosceptic surge in the European elections. The...
read more
by Christopher Nye | May 20, 2019
The dollar is down against the pound this morning, possibly due to growing US-China trade tensions and in anticipation of a speech from Federal Reserve Chairman Jerome Powell, which will take place later today. The greenback remains strong against the euro, however....
read more
