by Christopher Nye | Sep 29, 2020
In a speech yesterday President of the ECB, Christine Lagarde, said that it’s clear that the external value of the euro has an impact on inflation. She said that the ECB will monitor the situation but added that exchange rate is not a policy target for the ECB. Later...
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by Christopher Nye | Sep 29, 2020
The pound is still looking strong this morning against both the euro and the dollar, ahead of Brexit negotiations starting in Brussels today. However, sterling could be vulnerable to any Brexit news and reports of how the official talks are progressing. It’s thought...
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by Christopher Nye | Sep 29, 2020
The pound is still stronger against both the dollar and the euro this morning, ahead of Brexit negotiations resuming in Brussels today. A key event for sterling this week could be the press conference on Thursday, when we expect to hear how the talks are progressing....
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by Christopher Nye | Sep 28, 2020
The dollar is weaker against the pound but strong against the euro today, as it continues to benefit from its safe-haven status. Political and economic uncertainties mean that the dollar has fallen back into favour recently. New orders for US manufactured durable...
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by Christopher Nye | Sep 28, 2020
The euro is weaker this morning due to pound and dollar strength. Despite this, the euro’s recent strength is still a concern for ECB officials. ECB policymaker, Ignazio Visco, has said that the recent strengthening in the euro’s exchange rate is a worry and a...
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