by Christopher Nye | Jun 1, 2021
The dollar is weak against both the euro and the pound this morning as the Federal Reserve’s stance on inflation continues to weaken on the greenback. The Fed have repeatedly said that monetary stimulus will stay in place for a while and they expect any rise in...
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by Christopher Nye | Jun 1, 2021
The euro strengthened against the dollar yesterday following inflation rate figures from Germany. A preliminary estimate showed that Germany’s annual consumer price inflation is expected to rise by 2.4% in May, up from 2.0% in April. This would be the highest since...
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by Christopher Nye | Jun 1, 2021
The pound has hit a fresh 3-year high against the dollar this morning and is strong against the euro also. It is still benefitting from comments from Bank of England official Gertjan Vlieghe last week, who said that interest rates could rise earlier than expected if...
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by Christopher Nye | Jun 1, 2021
The pound reached a fresh 3-year high against the dollar this morning and is strong against the euro. However, over the coming days and weeks, the markets will be watching closely for any news surrounding the planned reopening on June 21. Health experts have warned of...
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by Christopher Nye | May 28, 2021
The dollar continues to suffer against the euro and sterling overall, but had some respite yesterday, gaining from higher US Treasury yields. Economic data was mixed yesterday, with the most notable result being Durable Goods Orders for June which reversed last...
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