by Christopher Nye | Sep 14, 2020
The euro was strong against both the pound and the dollar at the end of last week, after the President of the European Central Bank, Christine Lagarde downplayed concerns over the rising value of the currency. Despite this, Chief Economist Philip Lane said on Friday...
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by Christopher Nye | Sep 14, 2020
The pound started the week on the rise, following near 4% falls last week as the eighth round of Brexit negotiations came to a close with a deal apparently further away than ever. The introduction of the ‘Internal Market Bill’ sparked controversy and the EU has given...
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by Christopher Nye | Sep 14, 2020
After last week, when politics moved the markets dramatically, this week we should see a return of economic and health factors to the fore. The Bank of England Monetary Policy Committee will be pronouncing on interest rates on Thursday, while all eyes will be on UK...
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by Christopher Nye | Sep 11, 2020
The number of Americans filling for unemployment benefits was unchanged at 884K in the week ending September 5th. It is the first time since March that claims remain below 1 million for two consecutive weeks, although the number still remains higher than ‘normal’. The...
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by Christopher Nye | Sep 11, 2020
The euro was strong against the euro and dollar yesterday after the ECB’s monetary policy meeting, however, the rebound was mostly short-lived. As predicted, the Bank voted to keep interest rates on hold. ECB President, Christine Lagarde, was cautiously upbeat about...
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