by Christopher Nye | May 11, 2020
The pound has started this week up against the euro, after a brief drop yesterday. However, it is still somewhat lower than last week, with uncertainty over the length of the UK’s exit from lockdown, compared to its European neighbours, making investors cautious....
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by Christopher Nye | May 11, 2020
The pound is up against the euro this morning, despite uncertainty over the UK’s timetable for easing lockdown restrictions. It has also been helped by further concerns in the Eurozone of a protracted dispute between Germany and the European Commission, with officials...
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by Christopher Nye | May 11, 2020
The pound begins the week around 1% stronger against the euro compared to this time last week and fractionally lower against the US dollar. You’d have to call that a muted response to Prime Minister Boris Johnson’s long-awaited address to the nation on...
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by Christopher Nye | May 7, 2020
The dollar is down against the pound this morning, after a strong day yesterday. Private payrolls data revealed that job losses have hit a record 20 million, in another sign of the impact on the US economy. The Federal Reserve’s Raphael Bostic, speaking yesterday,...
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by Christopher Nye | May 7, 2020
Euro is down against the pound this morning after a series of poor data releases. Construction has shrunk across the eurozone, with a particularly sharp drop to almost 0 in France and Italy. Luis de Guindos has used his speech presenting the European Central Bank’s...
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