by Christopher Nye | May 27, 2021
The pound has strengthened slightly this morning but is still struggling to gain substantial ground against both the euro and the dollar. A lack of UK data releases continues to weigh on sterling and has instead shifted focus to the euro. Comments made by the Prime...
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by Christopher Nye | May 27, 2021
The pound is still struggling against the euro and the dollar this morning after the UK government faced harsh criticism from the Prime Minister’s former advisor Dominic Cummings over its handling of the pandemic. Eurozone economic recovery appears to be...
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by Christopher Nye | May 27, 2021
The dollar has recovered slightly this morning as the euro fails to see any boost from falling Covid-19 cases. The Federal Reserve has said that it could potentially review its asset purchase programme soon but would ensure a “soft landing” so as not to affect...
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by Christopher Nye | May 26, 2021
The shine has come off sterling over the last few days, maybe something to do with all the rain. The pound slipped around 0.5% against most major currencies yesterday and looks increasingly unlikely to regain those heady levels of late March against the euro any time...
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by Christopher Nye | May 25, 2021
The dollar is still weak against a basket of currencies this morning due to the ‘dovish’ stance from the Federal Reserve and an improving global outlook. Despite rising inflation, which saw its biggest jump in May since 2008, Federal Resever Chair, Jerome Powell, has...
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