by Christopher Nye | Jul 9, 2021
The pound is slightly weaker against the euro and the dollar, partly due to disappointing GDP data released this morning. The UK economy grew 3.6% in the three months to May, missing expectations of a 3.9% growth. The government announced yesterday that after July 19,...
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by Christopher Nye | Jul 8, 2021
The dollar strengthened ahead of the Federal Reserve’s meeting minutes yesterday and has held onto its gains. The minutes from its June meeting indicated that the central bank is moving towards tapering monetary policy. They confirmed that policy makers hinted at...
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by Christopher Nye | Jul 8, 2021
The euro is still at a weaker level against the dollar and around the same levels against the pound this morning. The European Central Bank concluded its strategic review yesterday and will announce its findings today. The main change is thought to be abandoning its...
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by Christopher Nye | Jul 8, 2021
After a positive day on Tuesday, the pound weakened against the dollar throughout the course of yesterday as the greenback gained strength ahead of the Federal Reserve’s meeting minutes. However, sterling is still around the same levels against the euro. It’s a light...
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by Christopher Nye | Jul 8, 2021
The pound is still under pressure against the dollar and around the same levels against the euro this morning, ahead of GDP figures for the UK tomorrow. The UK economy is expected to have grown by 3.9% in the three months to May, however, the markets will be keeping a...
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