by Christopher Nye | Sep 7, 2021
Sterling starts the day slightly on the back foot against EUR and USD, but only slipping part way back towards last Tuesday’s position. Yesterday’s Construction purchasing manager’s index (PMI) came in slightly below expectations at 55.2, compared to last month’s 56.5...
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by Christopher Nye | Sep 7, 2021
Sterling remained steady against most of its major competitors over the past 24 hours while clawing back some of last week’s losses against the non-US dollars. The first week of September has been unseasonably quiet this year. In the first week of September 2020 there...
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by Christopher Nye | Sep 6, 2021
The euro rose against the dollar throughout the course of last week, given a final boost on Friday following the US’ Non-Farm Payrolls report, but has weakened this morning as the dollar rebounds. On Thursday this week, the European Central Bank will hold its latest...
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by Christopher Nye | Sep 6, 2021
The pound was given a boost against the dollar on Friday after a disappointing Non-Farm Payrolls report for the US but has lost some of that strength this morning. Against the euro, sterling has strengthened. This week, we can expect a quiet week for UK economic data...
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by Christopher Nye | Sep 6, 2021
Both the pound and the euro strengthened against the dollar at the end of last week following a disappointing US Non-Farm Payrolls report. The report revealed that the number of new jobs added to the US economy in August dramatically missed expectations, possibly due...
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