by Christopher Nye | Feb 24, 2020
The pound finished last week on a strong note. Positive data releases – and poor figures from the Eurozone – helped to keep sterling high. However, it is slightly weaker this morning ahead of both the UK and EU revealing their negotiating mandates this week. As we...
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by Christopher Nye | Feb 24, 2020
The pound faces an interesting week against the euro, with competing influences including our old friend “Brexit talks” but also the coronavirus – or as we should probably call it, Covid-19. The reassuring presence of the English Channel means that – even...
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by Christopher Nye | Feb 21, 2020
The dollar went from strength to strength yesterday, rising against major currencies. Coronavirus worries have sustained its safe-haven appeal and a strong US economy has also helped the greenback. The US economy is thought to be more resilient than other countries in...
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by Christopher Nye | Feb 21, 2020
The euro gained ground against the pound yesterday, although it is still lower than the beginning of this month. After a week of data missing expectations, German consumer confidence came in as forecast, although still low. The ECB released its monetary policy meeting...
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by Christopher Nye | Feb 21, 2020
Despite positive data releases yesterday, the pound was weak against both the euro and dollar. Sterling particularly struggled against the greenback, which rose against a basket of currencies. This morning, the pound is still weaker against the dollar but firm against...
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