by Christopher Nye | Apr 14, 2021
The dollar is still in a weaker position this morning due to falling bond yields. Data released yesterday showed that the US consumer price index jumped 0.6% in March versus the previous month, the largest gain since August 2012, and rose 2.6% from a year earlier....
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by Christopher Nye | Apr 14, 2021
The euro has strengthened against the dollar, partly because of a weaker dollar and also due to signs that Europe’s vaccine programme is accelerating. France, Germany and Italy have reported a significant increase in vaccinations over the past week. It’s hoped that...
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by Christopher Nye | Apr 14, 2021
The pound reached a 7-week low against the euro this morning and is still weaker against the dollar. It’s thought that the recent fall is due to news that the Bank of England’s Chief Economist, Andy Haldane, will be leaving the monetary policy committee. Haldane is...
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by Christopher Nye | Apr 14, 2021
The pound weakened to a 7-week low against the euro earlier this morning. It’s thought that this was partly down to the resignation of the Bank of England’s Chief Economist, Andy Haldane, a ‘hawkish’ member of the Monetary Policy Committee and one of the Bank’s...
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by Christopher Nye | Apr 13, 2021
The dollar was the loser among major currencies yesterday, weakening slightly against both euro and pound during the day. It continues to move in and out against EUR with no clear direction. Later today we have an interesting selection of data releases around...
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