by Christopher Nye | May 12, 2020
The dollar is up against the pound, benefitting again from its status as a safe-haven currency. Trade tensions with China appear to be easing again, and there is some positivity around the economic impact of loosening lockdown. Today, we will see inflation figures,...
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by Christopher Nye | May 12, 2020
Euro is down against the pound this morning, after a day of being largely influenced by happenings in the UK. Also putting pressure on it is the continued dispute over the EU’s quantitative easing programme, with officials saying the EU could sue Germany if it stops...
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by Christopher Nye | May 12, 2020
The pound lost some ground against the euro yesterday, which it appears to be making up this morning, following confusion over the UK’s ‘muddled’ strategy for easing lockdown restrictions. The UK’s recovery is being described as expected to be a ‘deep U’ rather than...
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by Christopher Nye | May 12, 2020
As the British government attempted to clarify its lockdown strategy yesterday, general expectations are that it will be slightly behind the easing in mainland Europe, where the virus may have peaked earlier. The expectation for many is that this will likely lead to a...
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by Christopher Nye | May 11, 2020
As lockdowns ease, some more than others, across the US, the dollar is up this morning against the pound, with investors hoping for an economic recovery. Joblessness has hit the worst rate since the Great Depression, according to the New York Times, but this was...
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