by Christopher Nye | Dec 17, 2020
The euro strengthened to its highest level since April 2018 against the dollar yesterday and is still strong this morning. Hopes of a Brexit deal and better-than-expected PMI data caused the single currency to strengthen. PMI data released yesterday showed that the...
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by Christopher Nye | Dec 17, 2020
The pound is still strong against the euro and the dollar this morning on hopes for a Brexit trade deal. Yesterday, European Commission President, Ursula von der Leyen, said that progress had been made this week and that there could be a “narrow path” to a deal....
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by Christopher Nye | Dec 17, 2020
The pound is at strong levels against the euro and has reached a 31-month high against the dollar as hopes for a Brexit trade deal continue. Reports suggest that there has been progress regarding the level playing field, however, negotiators still have the issue of...
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by Christopher Nye | Dec 16, 2020
The dollar has continued to weaken this morning as hopes for a stimulus package from Congress increase. Support is growing for the bill, which has now been slimmed down in order to push it through. The proposal was originally a $908 billion package, but this has now...
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by Christopher Nye | Dec 16, 2020
The euro has been advancing towards yearly highs against the dollar due to vaccine hopes and Brexit optimism. There will be a series of data releases today, including PMI data for both Germany and the Eurozone as a whole. The service sector is expected to stay in...
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