by Christopher Nye | Apr 14, 2021
Sterling has continued to struggle against the euro, but the precipitative falls of last week have at least stopped for now, at just under 1% down on this time last week. Against the US dollar the drop is a little lower, at just 0.5%. The pound has fallen by around 2%...
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by Christopher Nye | Apr 14, 2021
The dollar is still in a weaker position this morning due to falling bond yields. Data released yesterday showed that the US consumer price index jumped 0.6% in March versus the previous month, the largest gain since August 2012, and rose 2.6% from a year earlier....
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by Christopher Nye | Apr 14, 2021
The euro has strengthened against the dollar, partly because of a weaker dollar and also due to signs that Europe’s vaccine programme is accelerating. France, Germany and Italy have reported a significant increase in vaccinations over the past week. It’s hoped that...
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by Christopher Nye | Apr 14, 2021
The pound reached a 7-week low against the euro this morning and is still weaker against the dollar. It’s thought that the recent fall is due to news that the Bank of England’s Chief Economist, Andy Haldane, will be leaving the monetary policy committee. Haldane is...
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by Christopher Nye | Apr 14, 2021
The pound weakened to a 7-week low against the euro earlier this morning. It’s thought that this was partly down to the resignation of the Bank of England’s Chief Economist, Andy Haldane, a ‘hawkish’ member of the Monetary Policy Committee and one of the Bank’s...
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