by Christopher Nye | Jan 13, 2021
The dollar has weakened this morning as the previous support from US Treasury yields has drifted. It has also fallen due to comments from Federal Reserve officials suggesting that they will continue to support the economy with monetary policy. Kansas City Federal...
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by Christopher Nye | Jan 13, 2021
The euro is weaker against the pound and stronger against the dollar this morning, unfazed by the German Chancellor’s announcement that the lockdown there could be extended. Angela Merkel warned that the lockdown may last for 8 to 10 weeks if the numbers don’t...
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by Christopher Nye | Jan 13, 2021
The pound is stronger this morning, strengthened by comments from Bank of England Governor, Andrew Bailey. He said that the interest rate would not be cut to 0% or lower over the coming weeks due to the prospect of economic recovery. This comes as the vaccine rollout...
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by Christopher Nye | Jan 13, 2021
The pound is stronger against both the euro and the dollar this morning after Governor of the Bank of England, Andrew Bailey, indicated that interest rates wouldn’t be cut in the coming weeks. There was speculation that the rate would move into negative territory due...
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by Christopher Nye | Jan 13, 2021
The pound hit midweek a whisker off its strongest rate since spring 2018 against the US dollar and over 2% stronger compared to last week against the euro. There is some evidence that the boost won’t last, so to lock in this rate, do call your trader on 020 8108...
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