by Christopher Nye | Jan 23, 2020
The dollar edged lower yesterday, as China’s response coronavirus caused safe-haven currencies to slip. Despite more than 470 cases and fears of global contagion, the swift response from China has helped to reassure investors. The greenback is slightly stronger...
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by Christopher Nye | Jan 23, 2020
Euro is down against the pound this morning, after the latter strengthened on strong business optimism figures and a decreasing likelihood of a rate cut. The European Central Bank will likely leave interest rates unchanged at its meeting this afternoon, and Christine...
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by Christopher Nye | Jan 23, 2020
The pound was strong against both the euro and the dollar yesterday, as a series of positive data releases reduced the likelihood of an interest rate cut by the Bank of England next week. Following positive jobs data on Tuesday, the Business Optimism Index released...
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by Christopher Nye | Jan 23, 2020
The pound was buoyed yesterday as positive data releases, including the largest swing on record in business optimism, helped to make an interest rate cut seem less probable. Rates will still be in the news today, with the ECB’s decision being released this afternoon....
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by Christopher Nye | Jan 22, 2020
The dollar weakened yesterday against the euro and the pound, as both currencies strengthened. However, the greenback is stronger this morning. Reassuring comments from Chinese Health Officials have eased worries about a possible global pandemic. Despite this, the...
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