by Christopher Nye | Apr 23, 2021
The American job market appears to be recovering as initial jobless claims fell to 547,000 – their lowest level since the start of the pandemic. This gave the dollar an initial boost against the euro. Fittingly on Earth Day yesterday, President Biden revealed a new...
read more
by Christopher Nye | Apr 23, 2021
The euro maintains its strength, largely due to pound weakness, and is still strong against the dollar. Comments by President of the European Central Bank, Christine Lagarde, in the latest monetary policy meeting were subtle. Lagarde acknowledged that the outlook for...
read more
by Christopher Nye | Apr 23, 2021
The pound is still weaker against the euro this morning. Sterling has strengthened slightly against the dollar and is still trading at higher levels than this time last month. This is puzzling markets as recent data in the UK has been mostly positive. 95% of over 50s...
read more
by Christopher Nye | Apr 23, 2021
The pound is still weaker against the euro this morning despite a host of positive data releases in the UK. Sterling has strengthened slightly against the dollar. Nearly all over 50s have been vaccinated in England, and 10 million people are now fully vaccinated in...
read more
by Christopher Nye | Apr 22, 2021
The dollar is still weak against a basket of currencies due to treasury yields, which have been falling after spiking to their highest in more than a year last month. The greenback is likely to look the Federal Reserve’s monetary policy meeting next week for...
read more
