by Christopher Nye | May 5, 2021
The pound is stronger against both the euro and the dollar this morning but is still weaker than it was at the beginning of April. Sterling could have been supported by better-than-expected manufacturing PMI data, which was released yesterday morning. The reading for...
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by Christopher Nye | May 5, 2021
The pound is slightly stronger against both the euro and the dollar this morning ahead of key events, which are due to take place at the end of this week. Tomorrow, the Bank of England will announce its latest decision on interest rates and release the meeting minutes...
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by Christopher Nye | May 5, 2021
Sterling has enjoyed a boost at the start of the week, which further accelerated this morning, leaving it nearly 1% up against the euro compared to this time last week. It’s slightly more patchy against other major currencies but the overall picture is very positive...
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by Christopher Nye | May 4, 2021
The dollar starts May well down on where we were at the start of April against the euro overall – despite a small boost today – but standing relatively still against the pound. Overall, the dollar has suffered its worst stretch of losses since last summer, with four...
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by Christopher Nye | May 4, 2021
The euro reaches the end of the start of the week down against sterling and the US dollar, but this appears to be a correction and is against the general run of EUR/USD which has been positive for weeks. Yesterday we saw manufacturing PMI data from across the...
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