by Christopher Nye | May 7, 2019
Euro is showing signs of a slight downward tick this morning, despite German manufacturing PMI and eurozone-wide composite PMI coming in slightly above forecasts. Today, there are no further economic releases, but we will see German industrial production on Wednesday...
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by Christopher Nye | May 7, 2019
Sterling has weakened this morning and has reversed some of Friday’s gains. This appears to have happened as the Labour Party accused the Prime Minister of leaking the details of their potential compromise and therefore jeopardising talks. It’s also been reported that...
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by Christopher Nye | May 7, 2019
After reaching a one-month high on Friday, sterling appears to have weakened today as it continues to be governed by the latest developments in cross-party Brexit talks. The dollar has kept to a tight range ahead of a crucial week for US-China trade talks, whilst the...
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by Christopher Nye | May 3, 2019
The greenback was strong against most major currencies yesterday and continues to edge higher, as it gained on the back of Federal Reserve Chairman Jerome Powell’s comments on inflation. He said that the factors dragging on inflation might be “transitory” and he saw...
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by Christopher Nye | May 3, 2019
It’s been a good end to the week so far for the euro, with major manufacturing PMI releases all almost reaching or exceeding expectations, from Spain, France, Germany and the Eurozone as a whole. The euro strengthened slightly as a result. Later today, we will see...
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