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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by Christopher Nye | Jun 16, 2020
It was a choppy start to the week for the euro. Balance of trade figures released yesterday showed that the Eurozone’s trade surplus narrowed to €2.9 billion in April 2020 from €15.5 billion in the same month last year. This was well below market expectations of...
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