by Christopher Nye | Jun 21, 2021
Last week the pound saw losses against both the euro and the dollar and remains relatively unchanged this morning. Sterling has seen a small gain against the greenback. Markets will be paying close attention to the Bank of England’s policy meeting on Thursday where...
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by Christopher Nye | Jun 21, 2021
As the original “Freedom Day” arrives, the pound is trading around the same levels against the euro as the end of last week but is strengthening slightly against the dollar. Although nearly 60% of all adults in the UK have now had both vaccine doses, the delayed...
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by Christopher Nye | Jun 21, 2021
Sterling starts the week essentially unchanged over the last six weeks against the euro, despite some excitement last week when it briefly reached its highest point since early April. Quite a few clients who were in touch with their traders were able to take advantage...
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by Christopher Nye | Jun 18, 2021
After hitting a 10-week high yesterday against the euro, the pound has since weakened following disappointing retail sales data. Sales fell by 1.4% which was far from the market prediction of an increase of 1.6%. This brings with it signs that, perhaps, consumers are...
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by Christopher Nye | Jun 18, 2021
The euro continues to weaken against the strong dollar and is trading around its lowest level in two months. Eurozone inflation rate rose by 2% year-on-year in May, just above the European Central Bank’s target and the highest figure since October 2018. This rise was...
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