by Christopher Nye | Oct 27, 2021
The euro is weaker against the pound and the dollar this morning ahead of the European Central Bank’s monetary policy meeting tomorrow. The markets are expecting ‘more of the same’ during the meeting tomorrow. The ECB has, so far, stuck to a more ‘dovish’ approach to...
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by Christopher Nye | Oct 27, 2021
The pound is still strong against the euro and the dollar this morning ahead of the autumn Budget, which is due to take place later today. Sterling hit a 20-month high against the euro yesterday – the strongest it had been since the start of the pandemic. At around...
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by Christopher Nye | Oct 27, 2021
After reaching a 19-month high against the euro yesterday, the pound is still strong this morning ahead of the Chancellor’s autumn Budget. At around 12:30 this afternoon, Rishi Sunak will reveal his spending plans. The pound could be impacted by this, especially if...
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by Charles Purdy | Oct 27, 2021
Yesterday the pound reached almost 10% stronger than its lowest point in the past year, which was last December. Rereading the note I sent at that time, in the midst of the Brexit negotiation brinksmanship, I noted that the GBP graphs looked like the pound had fallen...
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by Christopher Nye | Oct 26, 2021
The dollar is slightly stronger against the euro this morning but remains relatively unaffected by a mixed bag of data. The Chicago Fed National Activity Index – a monthly measure designed to gauge overall economic activity and related inflationary pressure – fell for...
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