by Christopher Nye | Feb 3, 2021
The pound reached a new 8 month high against the euro yesterday and is still strong against the euro and the dollar this morning. The UK’s speedy vaccine rollout, which has fuelled hopes of a quicker economic recovery, is supporting the pound. The Bank of England will...
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by Christopher Nye | Feb 3, 2021
The pound is still strong this morning after reaching a fresh 8 month high against the euro yesterday. The UK’s efficient vaccine programme and hopes of swift economic recovery continue to support sterling. It’s a different story in Europe, where a slow start to the...
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by Christopher Nye | Feb 3, 2021
Sterling hits midweek maintaining strength against the euro but weakening by 0.5-1% against the US dollar compared to this time last week. The economic data has been coming thick and fast over the past few days. For the UK it has included the first monthly decline in...
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by Christopher Nye | Feb 2, 2021
The dollar has strengthened against the euro this week, gaining roughly half a cent yesterday as Europe’s vaccine woes continue. It was a broadly positive picture for US data yesterday too, with better than expected results for manufacturing PMI, prices, employment...
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by Christopher Nye | Feb 2, 2021
It was a mixed picture for data yesterday, with manufacturing PMI for the Eurozone narrowly beating expectations, while retail sales in Germany were disappointing. The single currency continues to suffer from a disappointing supply of vaccines, although Covid...
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