by Christopher Nye | Mar 8, 2019
The dollar is going from strength to strength, spurred on yesterday against the euro by poor economic growth forecasts from the ECB. As a result of Europe’s decision to ease monetary policy, European bond yields have tumbled, causing the euro to drop further against...
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by Christopher Nye | Mar 8, 2019
The ECB’s meeting yesterday highlighted that things aren’t looking particularly rosy for the Eurozone. Although not entirely unexpected, Euro weakened against the pound as growth forecasts were slashed from 1.7% to 1.1%, one point below the forecasted reduction. The...
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by Christopher Nye | Mar 8, 2019
Sterling has moved even further away from the 21 month high that it hit last week. This comes as Brexit negotiations seem to have hit an impasse, with uncertainty as to whether anything will be resolved in talks with the European Union over the next day or so. The...
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by Christopher Nye | Mar 8, 2019
The euro weakened against the pound yesterday as the ECB slashed growth forecasts from 1.7% to 1.1%, against a backdrop of poor economic performance in the single currency zone. The central bank also held off on rate hikes, as expected, with a raise now not expected...
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by Christopher Nye | Mar 7, 2019
The US trade gap with the rest of the world has hit a 10 year high. This comes after Donald Trump imposed tariffs last year on foreign steel, aluminium and Chinese products in the belief that these import taxes would ultimately reduce the trade imbalance. However, it...
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