by Christopher Nye | Jun 2, 2021
The dollar is little changed against most major currencies this morning and slightly stronger against the pound. Manufacturing PMI for the US was revised slightly higher in May to 62.1. This reading showed another record growth in factory activity, with the fastest...
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by Christopher Nye | Jun 2, 2021
The euro is slightly stronger against the pound this morning but weaker against the dollar after a disappointing data release this morning. Retail sales in Germany contracted 5.5% month-on-month in April, reversing from a 7.7% increase in March and worse than...
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by Christopher Nye | Jun 2, 2021
The pound lost some ground over the course of yesterday against both the euro and the dollar. This could have been due to concerns over the Indian (or Delta) variant of the virus, which has caused some scientists and health experts to call for the June 21 reopening to...
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by Christopher Nye | Jun 2, 2021
After a positive morning yesterday, the pound lost some ground against the dollar and the euro throughout the day. It’s thought that worries over the Indian variant of the COVID-19 virus and the potential for this to delay the UK’s planned reopening on June 21...
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by Christopher Nye | Jun 2, 2021
Sterling started the new month on the front foot, reaching a fresh 3-year high against the dollar yesterday. As we reach the midweek point, the pound has eased slightly against both the euro and the dollar amidst continued concerns around the Covid-19 variant first...
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