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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by Christopher Nye | Feb 21, 2020
Good retail sales data yesterday failed to give sterling a boost after its highs earlier in the week, with the euro slightly gaining ground yesterday afternoon. The ECB’s meeting notes showed expectations of ‘positive but modest’ growth, despite ‘elevated’ risks from...
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