by Christopher Nye | Sep 21, 2020
The dollar had a flat sort of week against EUR while losing out slightly to GBP. This week political and monetary considerations should dominate. America’s most divisive and charged election in decades was ramped up even further by the sad death of Supreme Court Judge...
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by Christopher Nye | Sep 21, 2020
The euro weakened sightly against GBP last week. Against USD, despite a dip midweek the single currency ended the week essentially unchanged. The Eurozone and its major economies also have PMI releases on Wednesday, along with GfK consumer confidence. Covid could also...
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by Christopher Nye | Sep 21, 2020
Sterling starts the week almost 1% higher against both EUR and USD than last Monday, after the EU Commission president made positive comments on hopes for a Brexit trade deal. With no UK-EU trade talks this week, the focus will switch to monetary policy, where BoE...
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by Christopher Nye | Sep 21, 2020
The UK as a whole could be heading for more lockdown measures as new Covid cases exceeded 4,000 per day for the first time since May – albeit with more testing now. Despite this, fatality rates remain low. A two-week “circuit breaker” lockdown, perhaps over the...
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by Christopher Nye | Sep 18, 2020
The dollar had further losses against EUR as the markets continued to process yesterday’s Federal Reserve comments that allow for a more relaxed stance on inflation. Despite the devastating fires in the Pacific northwest and the continuing Covid crisis (the US is...
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