by Christopher Nye | Jan 5, 2021
The pound is slightly weaker this morning after the Prime Minister announced yesterday that there would be another national lockdown in England. This has increased speculation that the Bank of England will cut interest rates at their next monetary policy meeting,...
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by Christopher Nye | Jan 4, 2021
The dollar is weak against a range of currencies this morning as vaccine rollouts and hopes of an improving economic outlook have caused traders to turn to riskier currencies. The Georgia Senate runoff elections will take place this week. If the Democratic Party win...
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by Christopher Nye | Jan 4, 2021
The euro is in a strong position against the dollar this morning ahead of a busy week for economic data. PMI figures and retail sales data for Germany and the Eurozone as a whole will be released, as well as economic sentiment and unemployment figures. The European...
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by Christopher Nye | Jan 4, 2021
After a muted reaction to news of a Brexit deal on Christmas Eve, the pound strengthened against the euro and the dollar yesterday evening and is still strong this morning. This comes after the deal was signed into law last week and the UK left the EU at the end of...
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by Christopher Nye | Jan 4, 2021
The pound starts the working week in 2021 exactly where it left us at 5pm on New Year’s Eve against the euro. Against the US dollar sterling is at its strongest – once again – since April 2018. If you checked on the rate over the weekend, however, you will have seen...
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