by Christopher Nye | Sep 6, 2021
The dollar weakened against several currencies on Friday after a disappointing jobs report, which showed that the economy added just 235,000 jobs last month. This morning, however, the greenback has rebounded, strengthening against both the pound and the euro. This...
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by Christopher Nye | Sep 6, 2021
The pound has been moving sideways for the past two weeks against the euro and has returned to where it was in mid-August against the US dollar as well. The last six months has been one of the most stable periods for sterling in years. This mustn’t lull us into a...
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by Christopher Nye | Sep 3, 2021
The euro is still trading around its highest levels against the dollar in four weeks. This is primarily down to a combination of dollar weakness and the pressure on the European Central Bank to wind down its Pandemic Emergency Purchase Programme after inflation rose...
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by Christopher Nye | Sep 3, 2021
The pound is trading around the same levels against the euro this morning. Sterling gained some strength against the dollar yesterday but has since retreated. The pound continues to be weighed down by rising Covid cases and supply chain problems, and markets will now...
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by Christopher Nye | Sep 3, 2021
With little movement between the pound and its major currency partners this morning, all eyes are now on today’s US non-farm payrolls report for August. The dollar is currently on the backfoot against the pound and the euro, but if more US jobs have been created than...
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