by Christopher Nye | Jan 12, 2021
The dollar is slightly weaker this morning after strengthening on the back of Treasury yields at the start of this week. With Joe Biden taking office next week and the promise of “trillions” in extra Covid-19 stimulus measures, this has resulted in 10-year Treasury...
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by Christopher Nye | Jan 12, 2021
After a weak start to the week, the euro is slightly stronger against the dollar this morning. In Italy, Prime Minister Giuseppe Conte faces a confrontation with his coalition partner Matteo Renzi that could topple his government. At a cabinet meeting today or...
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by Christopher Nye | Jan 12, 2021
The pound has strengthened slightly against the euro and the dollar this morning, despite signals that the Bank of England could introduce negative interest rates at their February meeting. BoE official, Silvia Tenreyro implied in a speech yesterday that she would be...
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by Christopher Nye | Jan 12, 2021
Bank of England official, Silvia Tenreyro, said yesterday that the UK needs more monetary stimulus and explained that negative interest rates could help the economy. An interest rate cut could weaken the pound if this is introduced at the Bank’s next monetary policy...
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by Christopher Nye | Jan 11, 2021
The dollar is stronger this morning as US Treasury yields have risen and there is growing uncertainty over how long the Federal Reserve will keep their interest rates low. Officials have previously stated that the rate will stay near zero until at least 2023, however,...
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