Posted in: Ireland Housing Watch
Ireland Housing Watch – March 2019
Market continuing to adjust
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Daily blog
Dollar comes under pressure
24.05.2019After having had a good run recently, the dollar came under pressure yesterday after the release of weaker than consensus economic data out of the US, falling to around $1.12 against the euro and backing up towards $1.27 against sterling. This all left the pound trading largely unchanged at about 88p against the single currency, ahead of an expected announcement […]
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Daily blog
Sterling slides
23.05.2019Amid high political drama in the UK, sterling fell further yesterday, and it remains under pressure this morning, slipping to almost $1.26 against the dollar and trading at almost 88.5p against the euro. The latter continues to edge down against the US currency and is hovering just below $1.1150 at the off. Meanwhile, bond yields in the core markets headed south again yesterday, led […]
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Daily blog
Sterling’s short-lived gains
22.05.2019Sterling gained some ground yesterday after Theresa May outlined a new “bold” Brexit deal she hopes MPs will pass in Parliament in early June. However, this proved short-lived with the pound subsequently setting fresh lows of under $1.27 against the dollar and close to 88p against the euro. The market clearly doesn’t believe the deal will be approved […]
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Daily blog
Euro still edging down
21.05.2019The euro is continuing to edge down against the dollar, and at just under $1.1150 is towards the lower end of the range of about $1.11 to $1.13 that has prevailed over the past month or so. Sterling has also slipped further against the US currency to around $1.27 – it was trading at $1.32 as recently as a couple of weeks ago – […]