by Christopher Nye | Oct 30, 2020
The dollar is stronger this morning as it continues to benefit from its status as a safe-haven currency. GDP data released yesterday showed that the US economy grew at a record pace for the third quarter. There was a decrease in Americans applying for jobless claims....
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by Christopher Nye | Oct 30, 2020
The euro weakened after the European Central Bank made their latest announcement on interest rates yesterday. As expected, the ECB kept interest rates steady. However, officials said that they would look to introduce measures to help the economy during the second wave...
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by Christopher Nye | Oct 30, 2020
The pound is steady this morning amid more positive news surrounding Brexit talks. Despite the promising rhetoric, sterling has failed to rally, perhaps due to increasing global uncertainties. President of the European Commission, Ursula von der Leyen, said yesterday...
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by Christopher Nye | Oct 30, 2020
The US election is just days away and we could see large currency movements from the pound, euro and dollar as the results come in. The dollar is strong today, benefitting from its safe-haven status as COVID-19 infection rates rise on a global scale. After more news...
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by Christopher Nye | Oct 29, 2020
The dollar is strong this morning as rising coronavirus infection rates have sustained demand for safe-haven currencies. It’s a busy afternoon of data for the US today, with GDP figures, jobless claims and home sales data to be released later today. The US election is...
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