This prolonged weakness is down to a number of factors, including the stimulus relief bill which still hasn’t been reached, the coronavirus situation in the US, US-China tensions and the upcoming risk of the US Presidential election.
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This morning, ECB official Luis de Guindos will give a speech ahead of the release of the ECB’s latest policy meeting minutes, which will come out on Thursday.
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The PM's spokesman said yesterday UK negotiators would “continue to plug the gaps” as negotiations enter their seventh round. The two sides also remain divided over competition rules, fishing rights and how a deal would be enforced.
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The pound is stronger against the dollar and the euro this morning ahead of the seventh round of Brexit negotiations, which begins in Brussels today. It’s thought that talks will focus on whether London’s financial sector will have…
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Speaker of the House, Nancy Pelosi, has called on the House of Representatives to return to vote on a bill to protect the US Postal Service. Ms Pelosi accused President Trump of a "campaign to sabotage the election".
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The euro is maintaining its strength against the dollar this morning and is slightly stronger against the pound. It’s thought that Brexit talks could mainly impact sterling movements and it’s possible that the euro could be impacted by…
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The pound is still fairly strong against both the euro and dollar this morning, ahead of a potentially volatile week. Brexit talks resume tomorrow between the UK and the EU in Brussels with a briefing to report on…
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It’s a busy week ahead for the pound, with Brexit talks resuming in Brussels tomorrow. Whilst no huge breakthroughs are expected yet, a briefing on progress this Friday should reveal more about how the sticking points are being…
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