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Pound weakens as Brexit talks stall

The pound has weakened on rumours of stalling Brexit talks. The Financial Times says that Theresa May is planning to hold a further vote in ten days, as progress on cross-party talks is not yet forthcoming. Strong economic data from the US helped strengthen the dollar...


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Pound melts in the sun

  Over the past month the pound has slowly collapsed in on itself, like a chocolate egg left in a car on an unseasonably warm Easter weekend. This is not really what the markets were expecting, as you can see in our Business department’s quarterly forecast (which...


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USD: Dollar enjoys quiet weekend

The dust began to settle after the Mueller Report, and President Trump was able to celebrate Easter in the traditional way, with a man dressed up in an Easter bunny outfit at the White House Easter egg roll. The dollar has stayed essentially unchanged against the Euro...


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EUR: Negative economic data fails to depress

The single currency’s steady rise against sterling over the past three weeks continues to belie the Eurozone’s poor economic performance and political troubles. The national calamity of Notre Dame burning down failed to unite France, with the gilets jaunes hitting the...


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GBP: Positive economic data fails to impress

The pound continued its slide against the euro yesterday while the London markets were closed, slipping by around 30 pips. The causes of renewed uncertainty are entirely based around politics, since the economic data continues to stack up in sterling’s favour. This...


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