by Christopher Nye | Apr 15, 2021
The dollar has weakened to a new four-week low against a basket of currencies this morning, due to falling treasury yields. This has come about due to the Federal Reserve’s ‘dovish’ message, which has reiterated that interest rates will stay low for some time. Fed...
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by Christopher Nye | Apr 15, 2021
The euro is still strong against the dollar this morning, partly due to dollar weakness. The markets have also shifted their focus towards the prospect of an economic rebound in Europe later this year, due to signs that the vaccine programmes are improving. In a...
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by Christopher Nye | Apr 15, 2021
After a difficult April so far, the pound hit a one-week high against the dollar yesterday. It recovered from a setback due to the resignation of the Bank of England’s Chief Economist, Andy Haldane. However, sterling is still weaker against the euro. It is thought...
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by Christopher Nye | Apr 15, 2021
The pound is still weaker against the euro this morning. It’s thought that news surrounding the UK’s vaccine progress could now be priced into the markets. However, in Europe, signs that their vaccine rollout is improving is giving the euro a boost. Erring on the side...
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by Christopher Nye | Apr 14, 2021
Sterling has continued to struggle against the euro, but the precipitative falls of last week have at least stopped for now, at just under 1% down on this time last week. Against the US dollar the drop is a little lower, at just 0.5%. The pound has fallen by around 2%...
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