by Christopher Nye | Jan 26, 2021
The dollar has regained some strength against the pound and euro after worries over the likelihood of Biden’s stimulus package being passed through Congress. He faces criticism from both sides of the Senate surrounding certain aspects of the bill, including minimum...
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by Christopher Nye | Jan 26, 2021
The euro has continued its downward trajectory against the pound and dollar, sliding by half a cent yesterday. The single currency has been hit by weak economic data, lockdowns that have provoked riots in the Netherlands, and continued vaccine delays. Yesterday,...
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by Christopher Nye | Jan 26, 2021
The pound remains above key levels against the euro after German business morale fell more than expected. This morning’s unemployment data – a further rise to 5 million, but less bad than expected – has failed so far to shift the dials and there are no significant...
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by Christopher Nye | Jan 26, 2021
Sterling remains little changed from where it settled on Friday morning. UK unemployment data this morning shows a rise to 5%, but overall the numbers were not as bad as expected, while average earnings in November rose by 3.6%, well ahead of expectations. The UK...
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by Christopher Nye | Jan 25, 2021
The dollar is weaker this morning due to increased hopes for the introduction of more stimulus measures in the US. Despite expected opposition from Senate Republicans, there are hopes that the $1.9 trillion package will pass through Congress. The Federal Reserve will...
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