by Christopher Nye | Feb 22, 2021
The pound strengthened against all major currencies last week, including the euro and dollar, and is still trading at strong levels this morning. Sterling reached a near 1-year high against the euro and was near a 3-year high against the dollar. Sterling could be...
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by Christopher Nye | Feb 19, 2021
The dollar remains weak against the euro after US jobless claims rose more than anticipated last week, to 861,000. Nonetheless, President Biden has announced his determination to rebuild the US economy saying, “now is the time we should be spending. Now is the time to...
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by Christopher Nye | Feb 19, 2021
The euro remains strong against the dollar. However, the single currency’s strength against the dollar could be threatened by rising U.S bond yields and concerns over higher inflation rates there. Minutes from the European Central Bank’s last meeting have been...
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by Christopher Nye | Feb 19, 2021
The pound rose to a near 1-year high yesterday against the euro and continues to strengthen against the dollar. Sterling’s strength comes from the UK’s efficient vaccine programme and optimism over economic recovery. Markets will be listening closely to Prime Minister...
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by Christopher Nye | Feb 19, 2021
The pound is strong this morning against both the euro and the dollar, after rising to a near 1-year high against the euro yesterday. The combination of a successful vaccination programme and optimism over the UK’s economic recovery continues to boost sterling. In...
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