by Christopher Nye | Dec 2, 2020
The pound has weakened against the euro and the dollar this morning on reports that cast doubt over a Brexit trade deal being secured before the December 31 deadline. The EU’s Chief Negotiator has told the 27 EU leaders that differences remain between the two...
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by Christopher Nye | Dec 2, 2020
Yesterday the pound hit its highest rate against the US dollar (except for briefly after the 2019 election exit poll) since May 2018. Against the euro the pound continues to go nowhere particularly fast, but did slip by half a cent early this morning to its lowest...
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by Christopher Nye | Dec 1, 2020
The dollar is still weak this morning due to positive vaccine news and expectations for more monetary stimulus to help the US economy. Moderna, a company that has produced one of the COVID-19 vaccines, requested clearance for its vaccine in the US and Europe yesterday...
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by Christopher Nye | Dec 1, 2020
The euro is strong against the dollar on rising hopes for a vaccine and for a monetary stimulus package for the US. The euro is weaker against the pound, however. Preliminary estimates for inflation rate in Germany were released yesterday, showing that consumer prices...
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by Christopher Nye | Dec 1, 2020
The pound strengthened against the euro and the dollar yesterday and is still strong this morning. This comes after German Chancellor, Angela Merkel, commented on Brexit trade negotiations and urged negotiators to “put all of our efforts into the last step”. She also...
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