by Christopher Nye | Nov 13, 2018
There were no major economic data releases from the UK, eurozone or US yesterday, but that didn’t stop the pound from having an extremely volatile day. Against the dollar, there was more than a 2.5-cent difference between the highs and lows at which it traded...
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by Christopher Nye | Nov 13, 2018
It was a quiet day for economic data, but it was far from quiet on the currency markets, as fresh Brexit uncertainty had its wicked way with sterling. Against the dollar, there was significant sterling volatility, with more than a 2.5-cent difference between the highs...
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by Christopher Nye | Nov 13, 2018
It was quiet for economic data yesterday, although oil prices jumped following reports that Saudi Arabia will cut oil production next month. By producing half a million barrels per day less, price have ratcheted up and will no doubt continue to rise. This will impact...
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by Christopher Nye | Nov 13, 2018
As with everywhere else yesterday, there were no major economic data releases from the eurozone. The euro did manage to make some marginal gains against sterling which had a pretty poor start to the week against the dollar, but the single currency didn’t fare too well...
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by Christopher Nye | Nov 12, 2018
The only release of note from the US on Friday was the University of Michigan’s consumer sentiment which had been expected to dip to 98.0 from 98.6 in the previous period. The reading actually better expectations by coming in at 98.3, but the reading is still the...
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