by Christopher Nye | Mar 17, 2021
The euro is weaker against the pound and the dollar this morning, as vaccine concerns continue to weigh on the single currency. The European Medicines Agency will announce its verdict tomorrow on the safety of the Oxford-AstraZeneca vaccine, after concerns that...
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by Christopher Nye | Mar 17, 2021
The pound experienced volatility yesterday, declining sharply against both the euro and the dollar. However, it has recovered this morning and is now at strong levels. It’s thought that the drop yesterday was due to the Bank of England’s upcoming monetary policy...
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by Christopher Nye | Mar 17, 2021
After weakening sharply against the euro and the dollar yesterday, the pound recovered this morning and hit a 13-month high against the euro. However, volatility could remain during the build up to the Bank of England’s latest monetary policy meeting, which is due to...
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by Christopher Nye | Mar 17, 2021
Sterling finally breached the €1.17 mark this morning, after an interesting day yesterday which saw it rising, falling sharply, then rising just as fast again, swinging around 1%. This was probably mainly based on rumour and jitters ahead of tomorrow’s interest rate...
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by Christopher Nye | Mar 16, 2021
The dollar strengthened marginally yesterday against both euro and sterling, powered by rising US bond yields. Investors are awaiting further guidance from the FOMC tomorrow on the future direction of interest rates, as the economy prepares to surf a wave of cash,...
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