by Christopher Nye | May 17, 2021
Sterling has held on to its gains against both the euro and the dollar ahead of a busy week for UK data releases. Employment and labour productivity figures will be released for the UK tomorrow, with inflation rate data on Wednesday and retail and PMI figures on...
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by Christopher Nye | May 17, 2021
The pound is still strong against both the euro and the dollar ahead of a series of key data releases this week. These figures will reveal more about how the UK economy has performed in April and May, since the easing of lockdown restrictions. Restrictions in most of...
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by Christopher Nye | May 17, 2021
Another Monday morning and another positive movement for the pound, not only against the euro but all major currencies. This morning’s boost is little over 0.2%, however, (so far anyway) compared to the last few Monday mornings when sterling has been given a leg up of...
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by Christopher Nye | May 14, 2021
For the second week in a row, US initial jobless claims are at levels not seen since before the pandemic. The new pandemic low of 473,000 indicates that the US businesses are recovering. US producer prices surged 6.2% year-on-year, beating market expectations. Later...
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by Christopher Nye | May 14, 2021
The euro has gained back some ground against the dollar after positive data releases in the US caused the single currency to weaken yesterday. Minutes from the European Central Bank’s latest meeting will be released later today. The ECB is not expected to change its...
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