by Christopher Nye | Jun 17, 2021
The pound is strong against the euro this morning, reaching a 10-week high as yesterday’s better-than-expected inflation data gave sterling a boost. It’s a different story against the dollar, however, which has strengthened against both the pound and the euro. This...
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by Christopher Nye | Jun 16, 2021
All eyes will be on the Federal Reserve’s press conference later today. The dollar index, which tracks the currency against six others, reached a one-month high yesterday, but has slipped slightly this morning. The press conference concludes the Federal Reserve’s...
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by Christopher Nye | Jun 16, 2021
The euro is well supported against the dollar ahead of the Federal Reserve’s press conference later today. Eurozone balance of trade figures were released yesterday, showing that the trade surplus widened to €10.9 billion in April 2021, from €2.3 billion in the same...
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by Christopher Nye | Jun 16, 2021
The pound has strengthened against the euro and the dollar following better-than-expected inflation figures, which were released this morning. The consumer price inflation rate in the UK climbed to 2.1% year-on-year in May, beating expectations of 1.8%. This was the...
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by Christopher Nye | Jun 16, 2021
The pound is slightly stronger against the euro and the dollar following better-than-expected inflation figures for the UK, which were released this morning. The higher reading reflects the reopening of the economy, with clothing, fuel and eating out contributing to...
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