by Christopher Nye | Mar 12, 2019
It’s crunch time for Theresa May’s withdrawal agreement. The Prime Minister announced new ‘legally binding’ changes to the backstop issue after a last-minute meeting with Jean-Claude Juncker – and the pound hit a 22-month high as hopes rose. But will it be enough to...
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by Christopher Nye | Mar 11, 2019
After going from strength to strength last week, the release of the US Non-Farm Payrolls on Friday was the dollar’s undoing. Disappointing data revealed that just 20,000 new jobs were created last month, despite forecasts expecting the creation of around 180,000. This...
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by Christopher Nye | Mar 11, 2019
All eyes are looking forward this week, as the big event for the euro, like the pound, will be the meaningful vote on the Brexit deal in the House of Commons. At the moment, it looks unlikely that the withdrawal agreement will be much changed – and so it could well be...
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by Christopher Nye | Mar 11, 2019
Despite a brief uplift early on Friday, the pound finished last week on a low. This was caused by further stagnation of the backstop talks in Brussels, with a breakthrough still looking unlikely. Early on Friday, the Prime Minister urged EU officials to make...
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by Christopher Nye | Mar 11, 2019
All attention this week will be on Tuesday’s ‘meaningful’ Brexit vote on Theresa May’s withdrawal agreement. Thus far, the EU’s Chief Negotiator Michel Barnier’s stance has remained unchanged, with seemingly no concessions won. Further talks will take place today,...
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