Christopher Nye
on February 26th, 2021 The euro has strengthened against the pound but weakened against the dollar after rising bond yields in the US.
This comes despite the European Central Bank saying they are willing to buy bonds flexibly to avoid a tightening of financial conditions.
In the eurozone, economic sentiment improved month-on-month to the highest it has been since March 2020. Industrial and services sentiment also improved, beating market expectations.
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