by Christopher Nye | Dec 23, 2020
The pound weakened slightly against the euro and the dollar yesterday but is making a recovery this morning. This comes after reports revealing the that the EU has rejected the UK’s latest proposal on fisheries, as they are not prepared to give up 30% of their quota....
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by Christopher Nye | Dec 22, 2020
The dollar has strengthened against the euro and the pound as a new mutation of the COVID-19 virus means that safe-haven currencies, such as the dollar, are in more demand. After months of talks, Congress has finally approved a stimulus package to help the US economy....
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by Christopher Nye | Dec 22, 2020
The Consumer Confidence Indicator for the Eurozone rose by 3.7 points to -13.9 in December from -17.6 in November, data released yesterday showed. This was better than the expected figure of -16.8 and sentiment was supported by positive COVID-19 vaccine developments...
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by Christopher Nye | Dec 22, 2020
The pound weakened further against the euro and the dollar yesterday, experiencing its largest one-day drop against the euro since March, amid fears over the new strain of Covid-19 and a missed Brexit deadline. However, sterling has made a recovery this morning on...
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by Christopher Nye | Dec 22, 2020
After weakening against the euro and the dollar yesterday, the pound has recovered this morning on expectations that a Brexit trade deal can still be achieved. There has been progress in discussions surrounding fishing rights and there are hopes that a deal can be...
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