by Christopher Nye | Jan 12, 2021
After a weak start to the week, the euro is slightly stronger against the dollar this morning. In Italy, Prime Minister Giuseppe Conte faces a confrontation with his coalition partner Matteo Renzi that could topple his government. At a cabinet meeting today or...
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by Christopher Nye | Jan 12, 2021
The pound has strengthened slightly against the euro and the dollar this morning, despite signals that the Bank of England could introduce negative interest rates at their February meeting. BoE official, Silvia Tenreyro implied in a speech yesterday that she would be...
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by Christopher Nye | Jan 12, 2021
Bank of England official, Silvia Tenreyro, said yesterday that the UK needs more monetary stimulus and explained that negative interest rates could help the economy. An interest rate cut could weaken the pound if this is introduced at the Bank’s next monetary policy...
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by Christopher Nye | Jan 11, 2021
The dollar is stronger this morning as US Treasury yields have risen and there is growing uncertainty over how long the Federal Reserve will keep their interest rates low. Officials have previously stated that the rate will stay near zero until at least 2023, however,...
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by Christopher Nye | Jan 11, 2021
The euro is weaker against the dollar this morning due to strength from the greenback. President of the European Central Bank, Christine Lagarde, will speak later today and on Wednesday. She is expected to comment on the Bank’s plans to help the EU economy. The ECB...
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