by Christopher Nye | Aug 19, 2020
The dollar suffered against both the pound and the euro yesterday and is still weak this morning, as diminishing yields and decreasing demand for safe havens currencies took effect. The Federal Reserve are due to release the minutes from the July meeting later...
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by Christopher Nye | Aug 19, 2020
The euro is still at fairly strong levels against the pound and dollar. It’s been well supported for a while now, ever since the EU agreed on their stimulus package to boost the EU economy in the wake of the coronavirus crisis. Inflation rate figures are expected from...
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by Christopher Nye | Aug 19, 2020
The pound hit an 8-month high against the dollar yesterday, ahead of Brexit talks resuming in Brussels. This was mainly due to dollar weakness and the absence of any news on talks or rhetoric surrounding negotiations. As we hear more from the talks, we could see...
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by Christopher Nye | Aug 19, 2020
The pound strengthened to its highest level against the dollar since December yesterday, which was mainly driven by dollar weakness. This morning, the inflation rate for the UK jumped higher than expected in July, which shows that the economy is recovering as lockdown...
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by Christopher Nye | Aug 19, 2020
Sterling continues to enjoy a positive week, trading at around its highest levels for the past two months against EUR and the past year against USD. Chatter in the currency markets is all about sterling’s relative strength against the whole basket of currencies,...
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