by Christopher Nye | Jun 17, 2020
Sterling rallied around lunchtime yesterday, briefly rising to the week’s high on news of a stock-market rally. The good news continued for the nation as a whole, as researchers in Oxford found a cheap and widely-available treatment, Dexamethasone, that cuts Covid-19...
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by Christopher Nye | Jun 17, 2020
The Eurozone’s swift recovery from coronavirus, the end of lockdowns and apparent saving of at least part of the summer season in the Mediterranean has boosted the single currency in recent days. News of a potential breakthrough – or at least new ‘momentum’ – in...
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by Christopher Nye | Jun 17, 2020
Recently, the pound has been moving in tandem with the stock markets. As a result of this, it is slightly softer this morning against the euro and the dollar. However, at the beginning of this week sterling was boosted by talk of Brexit negotiations ‘intensifying’ in...
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by Christopher Nye | Jun 17, 2020
A senior economist from Yale warned last night that the dollar could decline by as much as 35% in the near future as the world begins to doubt “US exceptionalism”. As our quarterly currency forecasts show, such predictions even from Yale professors, are essentially...
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by Christopher Nye | Jun 16, 2020
The dollar steadied yesterday and weakened this morning as demand for safe-haven currencies waned slightly. In its latest move to help the economy, the Federal Reserve pledged yesterday to start purchasing U.S. corporate bonds. This has improved market sentiment and...
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