by Christopher Nye | Mar 26, 2020
A new stimulus package agreed by the Senate and the White House is now due to pass through Congress, and the dollar has weakened slightly on hopes that this will bring stability. This morning, we’ll see a series of data releases for the US. Figures are expected...
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by Christopher Nye | Mar 26, 2020
Euro is stable this morning, despite concerns over the impact on the eurozone economy. German business climate figures came in at their lowest level since 2009 yesterday and consumer confidence today fell to a six-year low. Today economic bulletin from the European...
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by Christopher Nye | Mar 26, 2020
After strengthening earlier in the day, the pound was weaker against the euro and the dollar yesterday afternoon. Having taken comfort in the fact that the Bank of England released stimulus measures to mitigate the impact of coronavirus, investors are again worrying...
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by Christopher Nye | Mar 26, 2020
The UK Parliament has passed its emergency laws on coronavirus, giving the government temporary emergency powers to deal with the crisis. Following this, Parliament went into recess, expected to return on 21st April. In the Eurozone, the economic impact of coronavirus...
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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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