by Charles Purdy | Nov 30, 2021
The euro has climbed further against almost every major currency in the wake of the Omicron variant. While the gains on the US dollar have been 0.6% and on sterling have been just over 1% over the week, the gains have been around 2.5% against AUD, NZD and the...
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by Charles Purdy | Nov 30, 2021
Sterling’s losses have been compounded this morning against the euro, while recovering strongly against the Australian, New Zealand and Canadian dollars. Against the US dollar the pound has now slipped to its lowest point since last December, when it was in the midst...
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by Charles Purdy | Nov 30, 2021
The stock markets bounced back yesterday following suggestions that the new Omicron variant will be dealt with by existing vaccines. Sterling, however, has continued to slide. GBP/EUR ended yesterday where it was on Friday after a brief bounce back, while falling...
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by Christopher Nye | Nov 29, 2021
The dollar lost some strength at the end of last week as markets expressed concerns about the impacts of the new Covid-19 variant on the Federal Reserve’s tapering plans. It is stronger this morning. No cases of the new Omicron variant have been detected in the US...
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by Christopher Nye | Nov 29, 2021
The euro rebounded against the pound and the dollar at the end of last week, climbing almost 1% on Friday. This morning, it has weakened slightly, mainly due to greenback strength. The Netherlands has introduced tighter Covid-19 restrictions after 13 people arriving...
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