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News & Analysis
Morning Report: 29 June 2018
GBP. Sterling reached a fresh 2018 low against the US dollar yesterday, as markets continue to grind the currency lower across the board. Despite this, the pound has started today’s session on the front foot ahead of the EU summit’s discussions on Brexit progress- or rather, the lack of. With no solution to the Irish […]
Morning Report: 28 June 2018
GBP. Sterling posted further losses against the dollar yesterday, falling almost a percent, whilst also losing ground against the euro. Yesterday’s release by the Bank of England of the semi-annual Financial Stability Report was actually fairly uneventful, with the headline takeaways being that the banking system could withstand a disorderly Brexit, meaning that the Bank […]