by Christopher Nye | Aug 26, 2020
The euro strengthened against the dollar yesterday due to a positive data release in the morning, which showed that business sentiment in Germany is improving. The Ifo Business Climate indicator rose more than expected in August, as both manufacturing and services...
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by Christopher Nye | Aug 26, 2020
Sterling is strong against the euro and the dollar this morning, despite the release of weaker than expected sales data. The pound appears to have shrugged off Brexit worries from the end of last week. According to data from the Confederation of British Industry, the...
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by Christopher Nye | Aug 26, 2020
The pound is stronger against the dollar and euro today despite data released yesterday, which showed that the health of the retail sector is worse than was expected. Focus today turns to Bank of England official, Andy Haldane, who will speak this evening. It’s a...
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by Christopher Nye | Aug 26, 2020
Sterling perked up a little yesterday lunchtime and stayed there, despite a survey from the CBI that found the UK retail sector to be in even more trouble than expected, while Germany’s business sector is more optimistic. Another sector seeing real optimism at the...
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by Christopher Nye | Aug 25, 2020
The dollar recovered a little ground against sterling and the euro over the past week. While Brexit negotiations appear to be going nowhere, there has been a recovery in the other major trade flashpoint, US-Chinese relations. This could be easily damaged by loose...
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