by Christopher Nye | Nov 5, 2020
The pound has strengthened against the euro and the dollar after the Bank of England announced this morning that they will be boosting their quantitative easing programme by £150bn. They have launched this package to help the UK economy contend with a second lockdown...
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by Christopher Nye | Nov 5, 2020
The vote count for the US election continues, with Biden taking the lead so far and winning in key states such as Wisconsin and Michigan. Some swing states, such as Nevada, are yet to release their results and could be key in indicating who will be President. The...
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by Christopher Nye | Nov 4, 2020
If you spent the night waiting for a decisive result in the presidential election it looks like you will continue to be disappointed for a while. The currency markets clearly don’t know where to go this morning, but the dollar strengthened slightly when it...
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by Christopher Nye | Nov 4, 2020
The dollar is strong this morning, climbing as election uncertainty sets in. The race has, so far, proved to be closer than the polls predicted, with President Trump managing to win the state of Florida, a key battleground. Reports suggest that some key swing states,...
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by Christopher Nye | Nov 4, 2020
The euro has weakened against the dollar and is slightly stronger against the pound this morning due to US election uncertainty. Whilst sterling tends to move with market sentiment, the dollar strengthens in times of uncertainty due to its safe-haven status. Several...
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