by Christopher Nye | Apr 6, 2021
Sterling hit a new 13-month high overnight against EUR as the UK’s slow easing of lockdown will continue as planned. Prime Minister Boris Johnson said yesterday that some limited overseas travel could start in mid-May, while shops and outdoor hospitality will open...
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by Christopher Nye | Apr 1, 2021
The dollar remains strong against a basket of currencies this morning due to expectations for strong economic growth. President Biden revealed his $2 billion plan for infrastructure yesterday, which pumps more money into the economy after the $1.9 trillion stimulus...
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by Christopher Nye | Apr 1, 2021
The euro is still fairly weak against the dollar and the pound as Europe struggles with the ‘third wave’ of COVID-19 cases. Retail sales data for Germany was released this morning. Retail sales increased 1.2% month-on-month in February, rebounding after 2 consecutive...
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by Christopher Nye | Apr 1, 2021
The pound is still strong this morning against the euro and the dollar, trading around the significant 1.17 level against the euro. Support for the pound is still underpinned by the UK’s vaccine rollout, hopes for economic recovery and decisions from the Bank of...
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by Christopher Nye | Apr 1, 2021
The pound is still strong against the euro this morning after breaking through the elusive 1.17 barrier earlier in the week. The UK’s vaccine programme continues to support sterling, however, vaccine supplies to the UK are soon to come under pressure due a delay of...
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