by Christopher Nye | Apr 2, 2020
The euro is weak against the pound and the dollar this morning, as the markets begin to vent their frustration at the Eurozone’s inability to adopt a united approach to fighting the economic damage caused by the coronavirus pandemic. Member states are currently...
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by Christopher Nye | Apr 2, 2020
The pound is strong against the euro and steady against the dollar this morning. The U.S. Federal Reserve launched another programme to pump more dollars into the world economy, which in turn benefits the UK’s sizeable financial services sector and has eased...
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by Christopher Nye | Apr 2, 2020
Sterling reached a two week high against the euro over the past 24 hours, benefitting from euro weakness and the ripple effect on the British financial services sector due to the US Federal Reserve’s latest stimulus programme. Manufacturing figures showed overall poor...
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by Christopher Nye | Apr 1, 2020
The pound recovered yesterday to its highest level for nearly three weeks, against both the euro and US dollar. The main reason appears to be the actions of the US Federal Reserve, pumping more dollars into the global financial system, rather than anything happening...
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by Christopher Nye | Apr 1, 2020
Despite weakening slightly against the pound, the dollar was still strong across the board yesterday and is still strong this morning as coronavirus worries continue. Concerned by the number of growing COVID-19 cases in the US, where the reported cases are nearly...
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