by Christopher Nye | Feb 18, 2021
The dollar has eased slightly after rising treasury yields strengthened it earlier in the week. Yesterday, the Federal Reserve released the minutes from their latest monetary policy meeting. As expected, there were no surprises and officials see the economy as “far...
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by Christopher Nye | Feb 18, 2021
The euro was weak yesterday due to a rising pound and dollar and is still struggling this morning. The slow pace of vaccinations in Europe continues to weigh on the single currency. In Europe, the UK leads the vaccine progress for the number of jabs administered,...
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by Christopher Nye | Feb 18, 2021
The pound hit a 10-month high against the euro yesterday and is still trading around those levels this morning, as the UK’s vaccination programme is still providing hope about the speed of the UK’s economic recovery. Despite this, sterling weakened slightly against...
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by Christopher Nye | Feb 18, 2021
The pound is strong against the euro this morning after reaching a 10-month high yesterday. The pace of the vaccine programme in the UK is boosting sterling, whilst the slower vaccine progress in Europe is weighing on the single currency. A study has revealed that...
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by Christopher Nye | Feb 17, 2021
Sterling finally breached the €1.15 level this morning, following a strong set of data releases on inflation (the CPI advanced to 0.7% year on year, ahead of expectations). GBP/EUR is still some way off the level it reached surrounding the 2019 election, but looking...
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