by Christopher Nye | Apr 20, 2022
Sterling is still well-supported against the euro this morning. However, it is weaker against the dollar after falling to an 18-month low at the beginning of the week. The euro is still struggling due to reports that Russia launched a new offensive in the Donbas...
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by Charles Purdy | Apr 19, 2022
The dollar is either beyond or close to its strongest against the euro for two years and against sterling for 18 months. This is a result partly of rising US Treasury bond yields, the war in Ukraine and the promise of continuing interest rate rises from the Federal...
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by Charles Purdy | Apr 19, 2022
The euro has maintained strength against most major currencies over the past week, while falling against the US dollar and GBP. This follows the ECB suggesting uncertainty over further interest rate rises, plus concerns over a stronger-than-expected showing for Marine...
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by Charles Purdy | Apr 19, 2022
Sterling is trading well above the level of last week against most currencies, but not the US or Canadian dollars. The strength of the pound against the euro is largely based on the relative potential for further rises in interest rates from the ECB and BoE, following...
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by Charles Purdy | Apr 19, 2022
While the UK enjoyed a long Bank Holiday, the currency markets were open elsewhere in the world. Following its strong showing in the days leading up to Easter, sterling has traded negatively against the US dollar and sideways against the euro in the past 36 hours....
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