by Christopher Nye | Nov 19, 2021
The dollar has strengthened slightly against the euro this morning. There was no substantial change in the number of Americans filing for unemployment benefits last week, with initial jobless claims falling by just 1,000. Nonetheless, this was a new pandemic low. With...
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by Christopher Nye | Nov 19, 2021
The euro has weakened slightly against the pound and the dollar this morning following comments from European Central Bank officials. Yesterday, several ECB policymakers gave speeches, including Chief Economist Philip Lane who said that he doesn’t see bottlenecks...
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by Christopher Nye | Nov 19, 2021
The pound is still trading around strong levels against the euro following better-than-expected UK data but has weakened slightly against the dollar. Both retail sales and consumer confidence figures surpassed market expectations. Retail sales rose by 0.8% in October,...
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by Christopher Nye | Nov 19, 2021
The pound is still trading around strong levels against the euro following a series of positive UK data releases this morning but has weakened slightly against the dollar. Halloween and early Christmas shopping have boosted retail sales in the UK, with department...
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by Christopher Nye | Nov 18, 2021
After a hitting a 16-month high yesterday against a basket of currencies, the dollar is slightly weaker this morning. It has been strengthening due to expectations that the Federal Reserve could hike interest rates sooner than other central banks. The main economic...
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