by Christopher Nye | Mar 15, 2021
The European Central Bank meeting last week caused the euro to have its first weekly gain in a month, after officials brought forward bond purchases. If bond yields continue to rise this week, the euro could be supported against the dollar. ECB President, Christine...
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by Christopher Nye | Mar 15, 2021
Despite weakening slightly at the end of last week, the pound is at strong levels against the euro and the dollar this morning. This comes ahead of the Bank of England’s latest monetary policy meeting, which is due to take place on Thursday. It is thought that the...
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by Christopher Nye | Mar 15, 2021
The Bank of England will hold its latest monetary policy meeting on Thursday and the markets will be watching closely for any comments on the economic outlook for the UK. Sterling is still at strong levels this morning and could be impacted by any comments from BoE...
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by Christopher Nye | Mar 12, 2021
The dollar has strengthened against the euro this morning as Treasury yields start to rise again after President Joe Biden signed his $1.9trillion stimulus package. Biden hopes that this money will enable every American to receive a vaccine by May. The US Dow Jones...
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by Christopher Nye | Mar 12, 2021
European stocks closed yesterday at a one-year high after the European Central Bank held its monetary policy meeting. In an attempt to tackle the recent rise in bond yields, the ECB promised to accelerate the €1.85 trillion pandemic emergency purchase programme (PEPP)...
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