by Christopher Nye | Jan 7, 2021
The pound is still weaker against the euro this morning and is trading around the same levels against the dollar. It pulled back slightly against the dollar yesterday, after dollar volatility following the unrest in Washington. Worries about the UK economy following...
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by Christopher Nye | Jan 7, 2021
The pound is still weaker this morning as news of a third national lockdown and the possibility of negative interest rates weighs on sterling. In his speech yesterday, Governor of the Bank of England, Andrew Bailey, said it was reasonable to assume the EU and UK could...
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by Christopher Nye | Jan 6, 2021
The dollar has weakened this morning as Democrats are showing a lead in the Georgina run-off elections. One of the two seats has been secured by a Democrat already. The other will also need to be taken by a Democrat in order for the Party to have a majority in the...
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by Christopher Nye | Jan 6, 2021
The euro has risen to a 32 month high against the dollar, which is largely down to dollar weakness. There will be a series of data releases today, including PMI figures for Germany and the Eurozone as a whole. Composite PMI for Germany, which tracks business trends...
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by Christopher Nye | Jan 6, 2021
The pound is weaker against the euro this morning as the new lockdown restrictions weigh on sterling. There are concerns over how the UK economy will cope in the first quarter of this year and any progress is heavily dependent on the success of the vaccine rollout....
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