by Christopher Nye | Jan 14, 2021
The dollar is marginally lower this morning, after its strength at the beginning of this week due to rising Treasury yields and the promise of more economic stimulus from the incoming Biden administration. It’s been reported that Biden will look at plans for more...
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by Christopher Nye | Jan 14, 2021
The euro is weaker against the pound and the dollar this morning, due to sterling and greenback strength. President of the European Central Bank, Christine Lagarde, said in a speech yesterday that the ECB will be “extremely attentive” to the impact that exchange rate...
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by Christopher Nye | Jan 14, 2021
Sterling is stronger against the euro and the dollar again this morning due to news of infection rates coming down and the vaccine rollout underway. The pound’s boost, however, was kick-started at the beginning of the week when governor of the Bank of England, Andrew...
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by Christopher Nye | Jan 14, 2021
The pound is still strong this morning as it continues to benefit from the Bank of England governor’s assurance that interest rates won’t be cut at the next monetary policy meeting. The vaccine rollout, which is now accelerating, and reports of falling infection rates...
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by Christopher Nye | Jan 13, 2021
The dollar has weakened this morning as the previous support from US Treasury yields has drifted. It has also fallen due to comments from Federal Reserve officials suggesting that they will continue to support the economy with monetary policy. Kansas City Federal...
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