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Brexit Myths Debunked

November 1, 2017 Craig Erlam 0

It’s been seven months since the U.K. triggered the two-year countdown to Britain’s exit from the European Union, but the path to Brexit remains murkier than ever as officials contradict each other.U.K. Prime Minister Theresa May voted to Remain but now pledges to deliver Brexit, while opposition leader Jeremy Corbyn’s views on the EU are ambivalent […]

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EUR Looking Bearish in Many Pairs (Video)

November 1, 2017 Craig Erlam 0

The most active pairing in the Euro is definitely the EURGBP. Brexit, ECB and BoE are all in the mix. Craig Erlam, Senior Market Analyst for Oanda discusses the technical layout of the currency and suggests that the Euro was overstretched leading in to the ECB meeting. However this is what was expected by the […]

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UK Mortgage Lending and Consumer Credit Maintain Momentum in September

October 30, 2017 Craig Erlam 0

Britain’s housing market and consumer economy kept most of their momentum last month, lending figures from the Bank of England showed on Monday, leaving the central bank on track to raise interest rates for the first time in more than a decade on Thursday.A crane is seen above some high rise building construction works at […]

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Markets Poised For Busy Week

October 30, 2017 Craig Erlam 0

Central Banks Feature Heavily as Trump Readies Fed Chair Announcement It’s been a relatively calm start to trading on Monday but that isn’t likely to last long with the rest of the week packed full of major economic and political events that should ensure markets remain quite volatile. With the Federal Reserve, Bank of Japan […]

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Tusk Believes Brexit Reversal Still an Option

October 24, 2017 Craig Erlam 0

European Union President Donald Tusk revived the notion that the U.K. will stay in the bloc after all, as British Prime Minister Theresa May struggles with persistent splits in her government.Speaking 16 months to the day since Europeans woke up to the news that Britons voted to leave the EU, Tusk said the outcome of […]

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UK and EU Not Even Half Way There on Brexit Bill

October 20, 2017 Craig Erlam 0

French President Emmanuel Macron said on Friday that work on settling Britain’s financial obligations to the EU when it leaves was not even halfway done.He said more than half the work remained to be completed on the crucial issue of Britain’s exit bill and that discussions could not move to the next phase on the […]

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Merkel Warns Financial Settlement Must Come Before Phase 2 of Brexit Talks

October 20, 2017 Craig Erlam 0

German Chancellor Angela Merkel said on Friday that the European Union could only agree to enter the next phase of Brexit negotiations in December if Britain provided specific assurances about its readiness to settle financial obligations to the bloc.Speaking to reporters at the end of a two-day EU summit in Brussels, Merkel said it was […]

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