by Christopher Nye | Feb 10, 2021
The pound is strong this morning after reaching its highest level against the dollar since April 2018. It also continues to trade at strong levels against the euro as the UK’s speedy vaccine programme, the Bank of England’s interest rate outlook and hopes of a swift...
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by Christopher Nye | Feb 10, 2021
Sterling reached a new high against USD overnight. Indeed, apart from a brief period in early 2018 this is the strongest it has been since before the referendum in 2016, which knocked at least 10% of its strength for much of the subsequent four and a half years. Could...
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by Christopher Nye | Feb 9, 2021
It was a choppy start to the week for USD/EUR, and the two remain precisely where they were this time last week. The dollar slipped yet further against the pound, to another 2¾ year low. The US is moving towards and end to the pandemic faster than the Eurozone...
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by Christopher Nye | Feb 9, 2021
Disappointing industrial data from the EU’s largest economy held the euro back yesterday, but already this morning we have seen better results coming out of Germany. The vaccine rollout continues to worry the markets, with the numbers evenly distributed around the...
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by Christopher Nye | Feb 9, 2021
Despite a brief wobble around midday yesterday the pound has remained at near 8-month against the euro, while accelerating its wins against the USA dollar. With a dearth of economic data this week – there is nothing significant until Friday – the catalyst for any...
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