by Christopher Nye | Oct 18, 2021
The dollar is strong against most currencies this morning due to a rise in treasury yields, which have been brought about by climbing oil prices and disappointing data from China. It’s a busy week for data in the US, with industrial production and manufacturing...
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by Christopher Nye | Oct 18, 2021
The euro is weaker against the dollar and the pound this morning ahead of a series of speeches from European Central Bank officials this week. ECB President, Christine Lagarde spoke at the International Monetary Fund event on Saturday. She reiterated her view that...
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by Christopher Nye | Oct 18, 2021
The pound is strong against the euro and the dollar this morning after Governor of the Bank of England, Andrew Bailey, gave an indication that a rate hike is on the horizon. Speaking yesterday, Bailey acknowledged that while the recent jump in inflation is transitory,...
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by Christopher Nye | Oct 18, 2021
The pound is at its strongest level since February 2020 this morning against the euro and is also strong against the dollar. This is due to comments made yesterday by Bank of England Governor Andrew Bailey. Bailey said yesterday that inflation could stay higher due to...
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by Christopher Nye | Oct 18, 2021
Sterling leapt ahead again over the weekend and is now well ahead against the euro of any point since before the pandemic and – aside from a few days early in 2020 – its highest rate since spring 2017. The immediate cause was a speech yesterday by the governor of the...
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