by Christopher Nye | May 10, 2021
Sterling has leapt forward against all major currencies this morning, strengthening by 0.7% against the euro and US dollar. Against the dollar, the pound reached above $1.40 this morning, reaching very close to a three-year high. Against the euro, sterling remains...
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by Christopher Nye | May 7, 2021
The dollar is weaker this morning after a series of positive data releases. The Bank of England’s monetary policy decision also weighed on the greenback. The American labour market continues to recover as initial jobless claim figures were the lowest since March 2020,...
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by Christopher Nye | May 7, 2021
The euro has maintained its strength against the dollar after positive US data. Retail sales for the eurozone outperformed market expectations both month-on-month and year-on-year. In Germany, balance of trade figures jumped as both exports and imports increased due...
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by Christopher Nye | May 7, 2021
The pound has regained some strength but remains volatile against both the euro and the dollar this morning after “Super Thursday”. Following its monetary policy meeting yesterday, the Bank of England has decided to slow down the pace of its quantitative easing...
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by Christopher Nye | May 7, 2021
Sterling saw an initial dip, and remains volatile, after the Bank of England’s decision to stretch out its £150bn purchase programme until the end of the year. The BoE also increased its growth forecast which would see the UK economy expand at the fastest rate in over...
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