by Christopher Nye | May 11, 2021
Sterling was boosted at the start of the week yesterday, gaining almost 1.5% against both the euro and US dollar. Sterling’s success has been driven by local elections which cemented Boris Johnson’s power leading a centre-right Conservative government – and one that...
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by Christopher Nye | May 10, 2021
The dollar is under pressure against both the pound and euro this morning after a disappointing Non-Farm Payrolls on Friday. The US economy was expected to have added 978,000 jobs in April, but instead the figure came in at just 266,000. Gains in leisure, hospitality...
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by Christopher Nye | May 10, 2021
The euro is slightly weaker against the pound but strong against the dollar, reaching its strongest level since February due to a poor US jobs report. It’s a relatively light week for European data releases, but economic sentiment figures for both Germany and the...
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by Christopher Nye | May 10, 2021
The pound has strengthened against both the euro and the dollar this morning, as political risks have decreased following the results of the local elections. The focus of the weekend was the Scottish elections, in which the SNP won but failed to achieve an outright...
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by Christopher Nye | May 10, 2021
The pound is stronger against both the euro and the dollar this morning as political risks have subsided following the local elections. The main focus for the markets was the Scottish elections. The SNP failed to achieve an outright majority; however, Nicola Sturgeon...
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