by Christopher Nye | Nov 5, 2021
The pound has tumbled against both the euro and the dollar this morning following the Bank of England’s decision to keep interest rates unchanged. Sterling fell by almost 1.0% against the euro yesterday, the largest decline in a single day since late September. Only...
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by Christopher Nye | Nov 5, 2021
The pound fell against a basket of currencies yesterday following the Bank of England’s announcement to keep interest rates unchanged. Against the euro, sterling fell by almost 1%, the largest single-day decline since late September. Markets had largely been...
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by Christopher Nye | Nov 5, 2021
The dollar is still strong against the euro and has strengthened substantially against the pound following the Bank of England’s decision to maintain interest rates. Balance of trade figures revealed that the US trade deficit widened to record levels in September....
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by Christopher Nye | Nov 4, 2021
The dollar is stronger against a basket of currencies this morning after weakening initially following the Federal Reserve’s monetary policy announcement. The Fed announced that it would taper its huge $120 billion monthly bond-buying program by $15 billion initially,...
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by Christopher Nye | Nov 4, 2021
The euro strengthened slightly against the dollar yesterday evening following the Federal Reserve’s announcement yesterday. It is also still stronger against the pound. Factory orders for Germany came in this morning, showing an increase of 1.3% month-on-month in...
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