The pound has gained back some strength against both the euro and the dollar this morning after markets were disappointed with the Bank of England’s latest monetary policy meeting yesterday, which had caused sterling to weaken. The Bank…
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The dollar is strong against the euro this morning due to rising treasury yields, which followed the Federal Reserve’s latest monetary policy meeting yesterday.
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President of the European Central Bank, Christine Lagarde, made a speech this morning before the Committee on Economic and Monetary Affairs of the European Parliament.
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The pound is still at strong levels this morning against the euro and the dollar, ahead of the Bank of England meeting, which will take place at midday today.
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The latest Bank of England monetary policy meeting will take place around midday today and the markets will be watching closely. Decreasing expectations for negative interest rates have supported the pound over recent months, so any significant developments…
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The dollar is edging higher against a basket of currencies this morning ahead of the conclusion of the Federal Reserve’s latest monetary policy meeting today.
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The European Medicines Agency will announce its verdict tomorrow on the safety of the Oxford-AstraZeneca vaccine, after concerns that recipients were experiencing blood clots afterwards.
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The BoE meeting will take place at midday tomorrow and the Bank is expected to keep interest rates on hold. The markets will be looking out for any comments relating to the UK’s economic outlook.
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