by Christopher Nye | Oct 11, 2021
The pound is stronger against the euro and the dollar this morning following comments from Bank of England officials. Over the weekend, both Andrew Bailey and Michael Saunders expressed worries over rising inflation and hinted at an earlier-than-expected interest rate...
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by Christopher Nye | Oct 11, 2021
Sterling looks likely to breach €1.18 today – if it hasn’t already by the time you read this – and is also looking stronger against the US dollar too. That will be the highest rate it has been since February 2020 and 7% stronger than this time last year. The reason...
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by Christopher Nye | Oct 8, 2021
The dollar lost some of its strength yesterday following the announcement of a temporary solution to the debt crisis. The US Senate voted yesterday to temporarily raise the federal government’s $28.4 trillion debt limit to minimise the risk of a historic...
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by Christopher Nye | Oct 8, 2021
The euro is still weaker against both the pound and the dollar this morning after the European Central Bank’s September Monetary Policy Meeting Accounts failed to support the single currency. Policymakers agreed that the near-term increase in inflation does not...
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by Christopher Nye | Oct 8, 2021
The pound strengthened against the euro and the dollar over the course of yesterday as global risk sentiment improved. This improved mood is partly down to Russian President Vladimir Putin promising to help boost gas supplies in Europe. Sterling is also being...
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