by Christopher Nye | Jun 11, 2020
The euro has had a choppy start to the day against the pound, given a small boost earlier by comments from the ECB’s Luis de Guindos that the Eurozone economy is likely to have ‘bottomed out’ in April and will now be on the slow path to recovery. However, he did...
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by Christopher Nye | Jun 11, 2020
The pound is weaker against both the euro and the dollar this morning, after hitting a three-month high against the greenback earlier in the week. This is possibly due to a drop in the stock markets after the Federal Reserve presented their latest thoughts on interest...
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by Christopher Nye | Jun 10, 2020
As several countries are now emerging from lockdown, demand for the safe haven dollar has fallen, causing the greenback to weaken. Today, the dollar could be impacted by both core inflation data and the Federal Reserve’s interest rate decision. Inflation is expected...
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by Christopher Nye | Jun 10, 2020
The euro gained against the pound yesterday after the former weakened on a change in the stock markets. European GDP figures yesterday came in low, showing a yearly contraction of 3.6%, but this seems to have largely been priced in by the markets, as it came in...
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by Christopher Nye | Jun 10, 2020
After a strong start to the week, the pound weakened slightly against the euro yesterday due to a drop in stocks. However, it has recovered this morning after an uplift in the equity market. As we’ve seen in recent months, the pound tends to move in-sync with the...
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