by Christopher Nye | Apr 19, 2021
The pound is stronger against the dollar this morning ahead of a busy week for UK data. Employment figures will be released tomorrow, with inflation rate data on Wednesday and retail sales on Friday. PMI data will also be released, expected to show that the services...
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by Christopher Nye | Apr 19, 2021
The pound is stronger against the dollar today mainly due to weakness from the greenback, which has come about because of falling treasury yields. Against the euro, sterling strengthened to a 10-day high this morning before weakening again. This comes ahead of a busy...
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by Christopher Nye | Apr 16, 2021
The dollar was relatively unaffected by a host of positive data releases yesterday and continues to balance this ‘bullish’ data with falling treasury yields. It seems that the US economy is on the road to recovery, as initial jobless claims figures were the lowest...
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by Christopher Nye | Apr 16, 2021
The euro reached a fresh April high against the dollar yesterday but has since weakened after US retail sales far exceeded market expectations. The single currency continues to be supported by an increase in vaccinations and optimism over economic recovery. Later this...
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by Christopher Nye | Apr 16, 2021
The pound has weakened further against both the euro and the dollar this morning, however, leading economic strategists have suggested that sterling could be set to strengthen again as “the UK’s banking system is likely to add tailwind to the economic recovery over...
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