by Christopher Nye | Oct 12, 2021
After a sharp rise that brought the pound tantalisingly close to breaching August’s post-pandemic high against the euro, sterling has traded southwards. There was a similar direction of travel against the dollar but GBP/USD remains a good 5% off its midsummer highs....
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by Christopher Nye | Oct 12, 2021
After challenging August’s 18-month highs yesterday morning sterling fell back by around 0.4% against the euro and other major currencies yesterday, although – so far – it has stabilised this morning. Data released this morning shows the highest number of UK job...
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by Christopher Nye | Oct 11, 2021
The dollar is stronger against most currencies this morning, but weaker against the pound and the euro following a disappointing Non-Farm Payrolls report on Friday. The report revealed that 194,000 jobs were added to the US economy in September, far less than...
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by Christopher Nye | Oct 11, 2021
The euro is weaker against the pound this morning but is strengthening slightly against the dollar. This follows a disappointing Non-Farm Payrolls report on Friday, which impacted the greenback. The first half of this week is busy with data releases in Europe....
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by Christopher Nye | Oct 11, 2021
The pound is strong this morning against both the euro and the dollar, boosted by comments from Bank of England officials over the weekend. Governor of the Bank of England, Andrew Bailey, said that he is concerned about high inflation and said that action needs to be...
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