by Christopher Nye | Feb 16, 2021
The dollar’s 10-day slide against the euro and pound continued yesterday, albeit in a fairly muted way. The dollar lost against most major currencies, including GBP, NZD and CHF. There are some mid-level data releases today, but the bigger news will be tomorrow, with...
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by Christopher Nye | Feb 16, 2021
It was an up-and-down day for the euro against the US dollar yesterday, but all within fairly tight margins, and that has continued in early trading today. Yesterday, industrial production figures for the Eurozone were worse than expected, down 1.6% for the month of...
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by Christopher Nye | Feb 16, 2021
Sterling continued its climb against the euro yesterday, hitting another highest level since last spring. It also set a new nearly three-year high against the US dollar. With no data releases in the UK yesterday, the prompt for sterling’s success continues to be the...
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by Christopher Nye | Feb 16, 2021
As Covid-19 causes Mardi Gras celebrations to be cancelled around the world today for the second year, the UK continued to see 25% falls in cases and hospitalisations compared to last week, and nearly a quarter of the population vaccinated. That translated into...
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by Christopher Nye | Feb 15, 2021
This morning sterling hit yet another nine-month high against the euro and a nearly three-year-high against the US dollar. The prompt for the currency graphs shooting up so fast is the health graphs going down so fast. In our corner of Hammersmith, for example, over...
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