by Christopher Nye | Dec 16, 2020
The euro has been advancing towards yearly highs against the dollar due to vaccine hopes and Brexit optimism. There will be a series of data releases today, including PMI data for both Germany and the Eurozone as a whole. The service sector is expected to stay in...
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by Christopher Nye | Dec 16, 2020
The pound is stronger against the dollar and the euro this morning as there is talk that a Brexit trade deal may happen soon. There have been reports that progress has been made on the level playing field provisions, with both sides making concessions. However,...
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by Christopher Nye | Dec 16, 2020
This morning both sterling and the euro reached their highest rates since April 2018 against the US dollar. Both the euro and pound strengthening suggest that the rumours of a breakthrough in EU negotiations are true, or at least the markets think they’re true....
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by Christopher Nye | Dec 16, 2020
The pound has strengthened this morning after reports that the UK and the EU have made progress towards a trade deal. European Commission President, Ursula von der Leyen, said that progress has been made and that the next few days will be critical. There will be a...
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by Christopher Nye | Dec 15, 2020
The dollar is still weak this morning as vaccine optimism and economic hopes for the year ahead lessen its safe-haven appeal. All eyes are on Congress this week as they attempt to push through a long-awaited stimulus package to help the US economy. The bill is still...
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