by Christopher Nye | Mar 1, 2021
The euro is weaker against the dollar this morning ahead of a busy week for Eurozone data and the European Central Bank. The single currency could weaken further if the ECB follow through with their suggestions that the Bank will act aggressively to counter an...
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by Christopher Nye | Mar 1, 2021
The pound weakened at the end of last week due to changes in global market sentiment around risk aversion and bond yields. Sterling is still weaker against the euro and the dollar than it was towards the middle of last week. This week, all eyes will be on the...
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by Christopher Nye | Mar 1, 2021
After a strong week, the pound weakened on Friday due to changes in the global markets. This morning, it is well supported against the euro and the dollar, but lower than it was towards the middle of last week. The currency markets have recently been taking their cues...
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by Christopher Nye | Mar 1, 2021
The pound’s up, down and then, thankfully for those buying euros, up again performance over the past week has shown on what a hair-trigger currencies are operating on. Against both the euro and the US dollar sterling is where we were last Monday, if 1 or 2% down on...
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by Christopher Nye | Feb 26, 2021
The dollar has strengthened this morning after a big sell-off of US treasury yields yesterday. Market confidence is increasing as the global economy seems to be bouncing back faster than expected. Durable goods orders, which includes machinery and electronics,...
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