by Christopher Nye | Feb 25, 2021
The pound reached a one-year high against the euro yesterday and is still trading at multi-month highs against the euro and the dollar this morning. The UK’s vaccination programme, reduced expectations of negative interest rates and hopes of economic recovery are...
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by Ricky Bean | Feb 24, 2021
“Did what it said on the tin. Cash transferred from overseas account and processed, converted and sent to my UK account in 24 hours. Excellent.” Ray Corstin
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by Christopher Nye | Feb 24, 2021
The dollar is weaker this morning following Federal Reserve Chair Jerome Powell’s testimony in front of Congress yesterday. Powell said that the economy is still a “long way” from full health. He added that the Fed would maintain their loose monetary policy stance...
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by Christopher Nye | Feb 24, 2021
Europe’s slow vaccine rollout continues to weigh the euro down against sterling. The euro strengthened against the dollar yesterday and is still fairly strong this morning. Inflation rate figures for the Eurozone were released yesterday, coming in at 0.9% year-on-year...
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by Christopher Nye | Feb 24, 2021
The pound has hit fresh highs against the euro and the dollar this morning due to continuing success with the UK’s vaccine rollout and a drop in infections. As of yesterday, the UK recorded its lowest daily infections of the year and one in three adults have now been...
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