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Daily Currency Reports
Keep up-to-date with the currency markets
Impossible Brexit comments hinder Sterling
9th October 2019
Sterling was on the backfoot yesterday following leaked comments surrounding a call between PM Johnson and Angela Merkel.
UK remains in limbo as FOMC Chair Powell pushes back
8th October 2019
Currencies markets somewhat eagerly waiting for fresh news surrounding Brexit. Downing Street believes that the negotiations will probably end this week.
US labour disappoints resulting in the probability of an interest rate cut increasing
7th October 2019
The US Dollar was slightly softer on Friday as the probability of a rate cut this month increased slightly after the release of the US jobs numbers.
Sterling pushes higher as EU talks remain open
4th October 2019
Mixed day for Sterling yesterday as economic data painted a weaker than expected picture whilst there was some positive news from Brexit developments.
Sterling remains stable as PM Boris Johnson reveals his Brexit proposals
3rd October 2019
Sterling remained stable yesterday but is still susceptible to underlying uncertainty, despite PM Boris Johnson making a final Brexit offer to the...
PM Johnson Brexit proposal set to drive the direction of Sterling
2nd October 2019
PM Johnson's Brexit proposals were initially met with scepticism pushing Sterling lower, before recovering as the EU were considering concessions on Irish...
US Dollar hits 2019 highs
1st October 2019
US Dollar continues to push higher across the board with the Dollar Index hitting a fresh year high to date.
Sterling slides as Bank of England member cites potential rate cut
30th September 2019
Sterling’s fragility may have been further compounded as Bank of England policymaker Saunders highlighted the possibility of an interest rate cut.
Ongoing Brexit uncertainty weighs on Sterling
27th September 2019
Sterling remained on the back foot yesterday as newswires continue to suggest that there is further Brexit turmoil ahead.
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