by Christopher Nye | Apr 1, 2019
The dollar was weaker on Friday, potentially signalling that its strong run has come to an end. Weaker than expected US inflation data is thought to have affected the greenback. The dollar had managed to mitigate a decline for most of the week, despite a fall in...
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by Christopher Nye | Apr 1, 2019
At the end of last week, the euro buoyed against the pound due to the rejection of the Prime Minister’s withdrawal deal. However, today it was weakened slightly due to poor economic data. The IHS Markit Eurozone Manufacturing PMI data was released today, and was...
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by Christopher Nye | Apr 1, 2019
Prime Minister Theresa May’s withdrawal deal was rejected on Friday afternoon by 286 to 344 votes. The pound weakened as a result, prompted by further uncertainty with regards to Brexit. Today, however, it has strengthened slightly – perhaps in anticipation of the...
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by Christopher Nye | Apr 1, 2019
Prime Minister Theresa May held a third vote on part of her deal on Friday afternoon, and for the third time, it was rejected. Today, MP’s will engage in a second round of indicative votes on options to resolve the Brexit deadlock. A customs union with the EU is...
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by Christopher Nye | Apr 1, 2019
Today we have another round of “indicative voting” in Parliament. Although there was no clear winner in last week’s round of voting, the customs union and the “confirmatory referendum” options were the least unpopular options. From the point of view...
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