by Christopher Nye | Nov 23, 2020
The euro is weak against the pound and stronger against the dollar this morning ahead of a series of data releases. Services, manufacturing and composite PMI figures will be released later today, with services expected to drop into contraction territory. This will be...
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by Christopher Nye | Nov 23, 2020
The pound is strong against the euro and the dollar this morning as Brexit talks continue this week. Hopes for a deal remain, despite the missed deadline last week. EU leaders are reportedly discussing a process where a deal could be agreed last minute without the...
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by Christopher Nye | Nov 23, 2020
The pound is strong against both the euro and the dollar this morning ahead of a busy week. The Prime Minister will make his announcement on restrictions after the national lockdown today, followed by the Chancellor’s spending review on Wednesday and a series of...
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by Christopher Nye | Nov 23, 2020
The pound has had a strong start to the week, rising by over 1.5% against the US dollar and 0.5% against the euro. The main reason appears to be a trade deal agreed with Canada, although news that the Oxford vaccine (the mainly British one!) is also nearing readiness,...
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by Christopher Nye | Nov 20, 2020
The dollar was slightly stronger yesterday, benefitting from its safe-haven status as jobless claims figures showed an unexpectedly large rise in the week ending November 14. The number rose to 742,000 compared to 711,00 in the previous week and well above market...
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