by Christopher Nye | Apr 17, 2026
There was a sharp turn around in the dollar’s fortunes yesterday. In the current risk sensitive climate that isn’t necessarily good news for the rest of us, but this time around looks to be a positive indication of hopes on renewed peace talks in the Middle East,...
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by Christopher Nye | Apr 17, 2026
Gains on the pound were among the few bright spots for the euro yesterday, but it remains strong against the US dollar, close to a six-week high and not far off its best for five years. Will that be supported by upcoming data? There won’t be a lot of that about next...
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by Christopher Nye | Apr 17, 2026
It was all downhill for sterling yesterday as the gains in the early part of the week were finally wiped out against the euro. Still, the pound remains 0.75% up on the US dollar compared to Monday. The cause of sterling’s demise yesterday was the BoE’s Andrew Bailey...
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by Christopher Nye | Apr 17, 2026
The continued ceasefire between the US and Iran – and the first talks between Israel and Lebanon for decades – have helped to calm market nerves in the past week. However the problem over oil supplies continues, with dire warnings over jet fuel ahead of the spring and...
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by Ryan Morrison | Apr 16, 2026
The dollar has been sliding all week and is now at its weakest against the pound since mid-February. Ceasefire optimism has stripped out some of the safe-haven demand that had kept it elevated, and soft US inflation data has removed the argument for higher rates. For...
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