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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by Christopher Nye | Dec 1, 2020
The pound is strong against the euro and the dollar this morning as hopes for a Brexit deal remain. British Environment Secretary George Eustice said yesterday that this week is “crucial” for securing a breakthrough in talks. The dollar is weak after news that biotech...
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by Christopher Nye | Nov 30, 2020
We’ll be keeping a keen eye on the news channels this week as we wait for one side to blink during what must be tense negotiations in the EU-UK trade talks. Amidst all the other graphs and data we’ve been transfixed by this year, I found myself looking at a chart of...
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by Christopher Nye | Nov 30, 2020
The dollar is weak this morning against a variety of currencies due to a combination of vaccine policy and expectations of more monetary easing from the Federal Reserve. Chair of the Federal Reserve, Jerome Powell, will testify in front of Congress tomorrow and...
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