by Christopher Nye | Aug 11, 2020
The pound is broadly strong against the euro and the dollar this morning, after the UK’s unemployment figure for June was released. The country’s unemployment rate reached 3.9%, lower than the expected 4.2%. Despite this, average earnings figures...
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by Christopher Nye | Aug 11, 2020
The pound is strong against the euro and the dollar this morning after the unemployment rate for June came in better than expected. Despite the positive figure, analysts say that the rate could rise after the furlough scheme ends in October. Economic sentiments...
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by Christopher Nye | Aug 10, 2020
The pound is looking strong against the euro and the dollar this morning, still benefiting from a more positive outlook after the Bank of England’s monetary policy meeting last week. Whilst officials expressed concerns over unemployment and acknowledged that the...
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by Christopher Nye | Aug 10, 2020
The dollar strengthened against the pound at the end of last week, resuming its role as a safe-haven currency as US-China tensions increased. It is still strong against most currencies this morning. President Donald Trump banned US transactions with two popular...
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by Christopher Nye | Aug 10, 2020
There’s some more significant data releases for the Eurozone this week, including the ZEW Indicator of Economic Sentiment, which measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The figure for Germany...
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