by Christopher Nye | Mar 22, 2021
Sterling finally breached the €1.17 barrier last week and was very briefly up to nearly $1.40 too, before falling back last week. We start the week a little lower than last Monday but still in a very healthy position: 10% stronger against EUR and 20% stronger against...
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by Christopher Nye | Mar 19, 2021
After a surge in bond yields yesterday, the dollar has since lost some of its strength as yields start to ease. The initial rise in bond yields was a result of ‘dovish’ comments from the Federal Reserve in its monetary policy meeting on Wednesday. In terms of...
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by Christopher Nye | Mar 19, 2021
The euro remains weak against the pound but has gained a little ground against the dollar. After several European countries paused the rollout of the Oxford-AstraZeneca vaccine over fears of a link to blot clots, the European Medicines Agency (EMA) has now announced...
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by Christopher Nye | Mar 19, 2021
The pound reached its highest levels against the euro in a year yesterday morning, but soon lost some of its strength as the Bank of England announced its interest rate decision. This morning, sterling has strengthened slightly against the dollar following the pattern...
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by Christopher Nye | Mar 19, 2021
The pound has gained back some strength against both the euro and the dollar this morning after markets were disappointed with the Bank of England’s latest monetary policy meeting yesterday, which had caused sterling to weaken. The Bank voted unanimously to keep...
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