by Christopher Nye | Dec 30, 2020
The euro has maintained its strong position against the dollar as markets remain optimistic about the agreed Brexit deal. As the year draws to a close, the euro is at a stable position against the pound. Covid-19 remains at large, and cases of the new strain are...
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by Christopher Nye | Dec 30, 2020
The dollar continues to fall against the euro after the agreed stimulus bill prompts hopes of economic recovery through vaccination. US house prices rose 7.9% year-over-year, the fastest surge in six years and exceeding the expected 6.9% increase. It is thought that...
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by Christopher Nye | Dec 30, 2020
The pound has weakened against the euro but has strengthened against the dollar this morning. This comes as UK markets start to reopen after the Christmas break and news that the Oxford-AstraZeneca vaccine has been approved for use in the UK is announced. It is...
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by Christopher Nye | Dec 30, 2020
Sterling seems immune to good news at the moment. Game changing news on the Brexit deal and the Oxford vaccine approval – effectively a guaranteed end to the pandemic in just a few weeks’ time – have failed to move the market, and GBP/EUR is exactly in the same place...
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by Christopher Nye | Dec 29, 2020
American households can look forward to receiving a cheque to the value of as much as $2,000, although most will get $600, following the agreement of a US stimulus bill. The dollar weakened against the Euro over the course of the Christmas week, as traders were...
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