by Christopher Nye | Oct 5, 2021
The dollar strengthened fractionally yesterday against most currencies, but remains weaker on the whole as we continue into October – a reliably jittery month on the financial markets. The markets are keeping a close eye on the debt ceiling concerns, as a...
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by Christopher Nye | Oct 5, 2021
The single currency fell mildly against both sterling and US dollar yesterday.However, those losses add to severe losses over the past week that have seen the euro between 0.3 and 1.5% weaker against all other leading currencies in the G10 (and almost all of those in...
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by Christopher Nye | Oct 5, 2021
The pound at the time of writing is approaching its highest point since mid-August as the recovery from last week’s fuel, energy and inflations worries continues. There is still a shortage of HGV drivers, however, and fuel remains scarce in south-east England...
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by Christopher Nye | Oct 5, 2021
Sterling regained all of last week’s losses yesterday against the euro, strengthening close its highest point for a month. There was some recovery against the US dollar too, but it remains nearly two cents weaker than last Tuesday. The main reasons for the...
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by Christopher Nye | Oct 4, 2021
After a strong week, the dollar fell slightly on Friday as the markets recovered, and treasury yields declined. The dollar’s strength last week was largely due to a ‘hawkish’ shift from the Federal Reserve. Federal Reserve Chair Jerome Powell suggested that he now...
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