by Christopher Nye | Jul 27, 2020
The dollar suffered at the end of last week due to a mixture of rising COVID-19 cases, US-China tensions and a delay in the stimulus package bill. It is still weak against both the pound and the euro this morning. Talks regarding the new US stimulus package had been...
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by Christopher Nye | Jul 27, 2020
The euro had a strong week last week, rising against the dollar to levels not seen since 2018. The single currency is still strong this morning, benefiting from it’s new-found energy due to the European recovery fund. This was finalised last Monday and meant...
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by Christopher Nye | Jul 27, 2020
The pound has rallied to a four and a half month high against the dollar this morning, mainly due to the dollar’s weakness. The pound is weaker against the euro, however, as no developments are expected from UK-EU trade talks this week. Positive UK PMI data on...
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by Christopher Nye | Jul 27, 2020
The new rule on quarantining when you arrive in the UK from Spain raises more questions than answers, not least for sterling. Will it be positive or negative? Looking at the most recent Covid infection graphs for Spain you can understand the British government’s...
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by Christopher Nye | Jul 27, 2020
The pound is strong against the US dollar this morning, benefiting from the greenback’s weakness. However, it is weaker against the euro as Brexit continues to weigh. Sterling strengthened towards the end of last week following a series of positive data...
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