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. Sterling’s support is being aided by the recovery of the gas market and by comments from Russian President Vladimir Putin who promised to help boost...
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by Christopher Nye | Oct 7, 2021
The dollar is still strong this morning, benefitting from its safe-haven status due to surging energy prices. US Senate Republican Leader Mitch McConnell has offered to allow an extension of the federal debt ceiling into December. This temporary solution caused the...
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by Christopher Nye | Oct 7, 2021
The euro is suffering against the pound and the dollar due to surging gas prices in Europe. Gas prices are rising at a faster pace in Europe than in the UK and this will only be solved by an increase of Russian gas exports into the region. Reports now suggest that...
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by Christopher Nye | Oct 7, 2021
The pound is still strong against the euro this morning and slightly weaker against the dollar as the markets focus on surging energy prices around the globe. Sterling is still well-supported against the euro due to expectations that the Bank of England will raise...
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by Christopher Nye | Oct 7, 2021
As the markets continue to focus on the ongoing energy crisis, the pound is still strong against the euro but weaker against the dollar this morning. The euro is suffering due to surging gas prices, which have risen faster in Europe than in the UK. Reports suggest...
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