by Christopher Nye | Sep 28, 2021
Sterling reached its highest point for 10 days yesterday against the euro while strengthening gently against the US dollar (although that small gain has been wiped out this morning). Affecting GBP/EUR will be the German elections, where the left of centre SPD under...
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by Christopher Nye | Sep 27, 2021
After strengthening on Friday due to a rise in US treasury yields, the dollar is slightly weaker this morning. The markets will be listening closely to a series of speeches from Federal Reserve officials this week, hoping for more information about the timeline for...
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by Christopher Nye | Sep 27, 2021
The euro has weakened slightly this morning against the euro and the dollar as the markets await the final outcome of the German election. According to the preliminary results, Germany’s centre-left Social Democrats have narrowly beaten the party of outgoing...
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by Christopher Nye | Sep 27, 2021
The pound is trading around the same levels against the euro and the dollar as it was at the end of last week, following the Bank of England’s monetary policy meeting. Sterling rose on Thursday after the meeting, as UK bond yields rose to after expectations for...
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by Christopher Nye | Sep 27, 2021
Sterling is trading around the same levels as at the end of last week, ahead of speeches from Governor Andrew Bailey today and Wednesday. The markets will be listening for any comments about monetary policy following the Bank of England’s meeting last Thursday. The...
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