by Christopher Nye | Mar 23, 2020
Following the Bank of England’s second emergency cut to interest rates and a new batch of quantitative easing, the pound strengthened against the euro and dollar at the end of last week. As the markets were expecting the measures and considered the Bank’s actions to...
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by Christopher Nye | Mar 23, 2020
The pound ended last week up against the euro, after a second emergency rate cut by the Bank of England down to historic lows. It was also helped by increasingly concerning data from the Eurozone, showing the largest drop in German business confidence on record. When...
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by Christopher Nye | Mar 23, 2020
For many of us, today is when gawping at the news stops and we just get on with life for the next few months in the new reality. At Smart we were very busy last week, especially on our corporate side, but with private clients too, helping them with wealth management....
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by Christopher Nye | Mar 20, 2020
The dollar was still strong against most currencies yesterday, as it continued to benefit in this time of crisis. However, it’s in a slightly weaker position this morning as the markets are starting to stabilise. The Federal Reserve announced that it will extend...
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by Christopher Nye | Mar 20, 2020
It was a mixed day for the euro yesterday, with the single currency closing down against the pound. However, it is strong against the dollar this morning. German business climate figures came in below forecasts, although European construction output year-on-year...
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