by Christopher Nye | Sep 10, 2021
The dollar has weakened this morning against both the pound and the euro. Jobless claims figures were at their lowest level since before the pandemic, down to 310,000 which beat market expectations. This encouraging data continues to suggest that the world’s largest...
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by Christopher Nye | Sep 10, 2021
The euro has weakened against the pound but has strengthened against the dollar after the European Central Bank confirmed that it would begin to slow down its pandemic bond-buying programme. This decision to “moderately lower” the pace of the PEPP comes after eurozone...
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by Christopher Nye | Sep 10, 2021
The pound has strengthened against the euro this morning, breaking the 1.17 mark for the first time in two weeks. Sterling is also stronger against the dollar. Sterling’s fresh strength comes from a combination of comments by Bank of England Governor Andrew Bailey...
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by Christopher Nye | Sep 10, 2021
The pound is stronger against both the euro and the dollar this morning following sizeable gains on Thursday. This fresh strength is thought to be down to a combination of comments by Bank of England Governor Andrew Bailey around interest rates and the European...
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by Christopher Nye | Sep 9, 2021
The dollar strengthened yesterday and is still strong this morning, benefitting from its status as a ‘safe-haven’ currency. This comes after Federal Reserve officials confirmed yesterday that the Bank will reduce asset purchases even as economic recovery slows due to...
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