by Christopher Nye | Nov 26, 2021
The pound is weaker this morning as concerns about a new Covid-19 variant, first identified in South Africa, mount. This variant appears to have more mutations than previous versions, raising questions over the effectiveness of the current vaccines. As such, markets...
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by Christopher Nye | Nov 26, 2021
The euro has strengthened against the pound and the dollar this morning, mainly due to sterling and greenback weakness. The minutes from the European Central Bank’s October meeting have been released and revealed that the Bank acknowledged “supply bottlenecks were...
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by Christopher Nye | Nov 25, 2021
The dollar strengthened yesterday, hitting 16-month highs after the Federal Reserve released the minutes from its latest monetary policy meeting. The minutes revealed that a number of policymakers were in favour of starting the tapering of the bond-buying programme...
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by Christopher Nye | Nov 25, 2021
The euro is weaker against the pound and the dollar this morning following worries about the spread of COVID-19 and disappointing economic data. Data revealed yesterday that the Ifo Business Climate indicator for Germany fell for the fifth month to 96.5 in November....
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by Christopher Nye | Nov 25, 2021
The pound is still trading around strong levels against the euro this morning. Some of its strength could be attributed to the coronavirus situation in Europe compared to the UK. Reports reveal that hospitalisations, deaths and ICU admissions are falling in the UK,...
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