by Christopher Nye | Mar 25, 2020
New measures announced by the Federal Reserve to mitigate the impact of coronavirus have eased dollar demand, causing the greenback to weaken slightly against a range of currencies, including the pound and euro. After days of negotiations, US Senate leaders have...
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by Christopher Nye | Mar 25, 2020
Euro is down against the pound after a choppy few days. Service data for France, German and the Eurozone all came in well below expectations, showing the fastest decline in activity since records began. While a significant drop was expected, it had not been forecast...
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by Christopher Nye | Mar 25, 2020
The pound strengthened against both the euro and the dollar yesterday and is still stronger this morning due positive news about coronavirus infection rates. Figures show that China is beginning to emerge from the crisis, with the travel ban on the Hubei province...
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by Christopher Nye | Mar 25, 2020
The pound is up this morning against the euro and dollar, after stricter measures were imposed in the UK and the latest figures from China and Italy appear to point to a downward trend in cases. European services fell at the fastest rate since records began last...
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by Christopher Nye | Mar 25, 2020
There have been undoubted signs that parts of the business world are working well with the coronavirus restrictions. Stock markets on both sides of the Atlantic bounced back (the US at the fastest rate since 1933) and in Germany the DAX was up nearly 11% yesterday. At...
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