by Christopher Nye | May 24, 2021
Unusually for a Monday in recent months, sterling starts the week in uncertain mode. This week is extremely quiet for data, especially compared to last week, where just about every release, from new jobs, to rising prices, to retail sales and consumer confidence was...
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by Christopher Nye | May 21, 2021
The dollar has strengthened slightly but continues to be weighed down by an increased risk appetite from markets. Once again, the number of Americans filing for unemployment benefits is at a pandemic low. This continued positive trend indicates that the US economy is...
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by Christopher Nye | May 21, 2021
The euro is relatively unchanged against the dollar this morning, having gained back some strength after the Federal Reserve hinted at scaling back its asset purchases. Markit PMI for both Germany and France, and the eurozone as a whole, increased in May. Markets will...
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by Christopher Nye | May 21, 2021
The pound has strengthened further against the euro this morning, supported by positive data and increasing optimism that the UK will fully reopen on June 21. After weakening against the dollar midweek, sterling has since regained almost all of its strength. CBI...
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by Christopher Nye | May 21, 2021
The pound is strong against the euro after a series of positive data releases. Against the dollar, sterling has almost completely recovered from its midweek losses. Retail sales jumped by 9.2% in April, twice what markets had predicted, as lockdown eased further and...
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