by Christopher Nye | Feb 12, 2021
The pound has weakened slightly against the euro and dollar but remains at strong levels against both. GDP data released this morning revealed that the UK economy shrank by 9.9% last year as the country effectively shut down during periods of coronavirus restrictions....
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by Christopher Nye | Feb 12, 2021
The pound is slightly weaker this morning but remains at strong levels against the euro and the dollar. There was little movement despite GDP data revealing that the UK economy saw its fastest drop in 300 years. Nonetheless, economic optimism continues as Bank of...
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by Christopher Nye | Feb 11, 2021
The dollar is little changed this morning and still remains vulnerable to market sentiment. Donald Trump’s impeachment trial continues today. The Democrats presented their case yesterday which described Trump as having “praised, encouraged and cultivated”...
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by Christopher Nye | Feb 11, 2021
The euro is still strong against the dollar this morning, benefitting from dollar weakness. However, it’s still weak against the pound as the EU’s slower vaccine rollout is failing to create any optimism for a swift economic recovery. However, the ECB President,...
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by Christopher Nye | Feb 11, 2021
The pound has weakened slightly, but still remains strong against both the euro and the dollar and could have the potential to climb higher. Sterling tends to move with the stock markets, which have dipped slightly, but a positive economic outlook due to the UK’s...
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