by Christopher Nye | May 21, 2021
The pound is strong against the euro after a series of positive data releases. Against the dollar, sterling has almost completely recovered from its midweek losses. Retail sales jumped by 9.2% in April, twice what markets had predicted, as lockdown eased further and...
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by Christopher Nye | May 20, 2021
The dollar initially strengthened after the release of the FOMC’s meeting minutes yesterday, however, it is slightly weaker this morning. The meeting minutes showed that several officials said that “it might be appropriate at some point” to consider tapering asset...
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by Christopher Nye | May 20, 2021
The euro has dipped slightly against the dollar this morning but is still stronger than this time last week. An account revealed yesterday that during its Financial Stability Review, the European Central Bank said that Euro Area financing conditions had remained...
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by Christopher Nye | May 20, 2021
The pound is slightly weaker against the euro than it was earlier this week, but still trading around strong levels and seems to be edging higher this morning. Sterling could be strengthening against the euro because of inflation data from yesterday, which showed that...
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by Christopher Nye | May 20, 2021
The pound is still trading around strong levels against the euro and the dollar this morning but is slightly weaker against the euro compared to the start of this week. Sterling is still sensitive to vaccine progress and the success of the UK’s economic reopening, so...
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