The dollar rallied yesterday, however it has dropped against the euro and dollar this morning. Its previous strength was due to the release of the FOMC July meeting minutes last night.
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Italy is gearing up for a potential snap election after Prime Minister Giuseppe Conte tendered his resignation on Tuesday.
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The pound is choppy against the euro and weak against the dollar ahead of Boris Johnson’s meeting with President Macron.
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The Prime Minister is due to meet with President Macron in Paris today. Johnson’s talks with Chancellor Angela Merkel in Berlin yesterday seemed to provide some hope of finding a solution to the controversial backstop.
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Yesterday we found out that British families are putting off large purchases, favouring caution in these times of economic and political uncertainty. The IHS Markit Household Index shows confidence at a three-month low. That said, wage growth is…
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The dollar is hovering near 3 week highs this morning ahead of the Federal Reserve’s July meeting minutes, which will be released later today. The minutes are expected to hint at the Fed’s monetary policy outlook, and maybe…
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Italy’s political crisis has deepened after Prime Minister Giuseppe Conte tendered his resignation to President Sergio Mattarella, rather than face a vote of no confidence from his coalition partner, Matteo Salvini.
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Sterling is down against both the pound and the euro this morning ahead of Boris Johnson’s meeting with Angela Merkel. After Johnson requested a change to the Irish backstop yesterday, the European Commission said that his letter did…
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