by Christopher Nye | Sep 21, 2021
The single currency strengthened by just over half a cent against sterling yesterday, and while it has fallen back slightly this morning it is holding onto the majority of those gains for now. Against the US dollar the euro continued to bed in close to its lowest...
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by Christopher Nye | Sep 21, 2021
Multiple pressures weighed on sterling yesterday, seeing the pound fall against almost all major currencies. Although it has started to recover this morning, sterling fell close to two-month lows yesterday against the euro and reached its lowest point against USD for...
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by Christopher Nye | Sep 21, 2021
Sterling weakened yesterday against the euro and US dollar as a numbers of factors – some new and some bubbling under for a while – persuaded the currency markets to sell sterling. The first factor is the “energy crisis”, a trebling of gas wholesale prices that is...
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by Christopher Nye | Sep 20, 2021
The dollar is strong against a basket of currencies this morning, benefitting from its safe haven status due to shares plummeting in Chinese property company Evergrande. However, the main event for the greenback this week will be the Federal Reserve’s monetary policy...
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by Christopher Nye | Sep 20, 2021
The euro is slightly weaker against the dollar this morning. This week, the pair could be impacted by the central bank meetings, economic data and any news during the lead up to the German election, which is due to take place this Sunday, September 26. It’s expected...
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