by Christopher Nye | Aug 27, 2021
The single currency has had a mixed week, strengthening by at least 0.5% against GBP, CHF, USD and JPY but slipping by more than that against the Nordic currencies and AUD, NZD and CAD. Yesterday’s GfK Consumer Confidence Indicator in Germany slipped even further than...
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by Christopher Nye | Aug 27, 2021
Sterling slipped marginally against almost all major currencies except the US dollar yesterday, albeit at a considerably slower pace than on Wednesday and not far enough to wipe out entirely the 0.5% increase on EUR on Monday and Tuesday. There has been little for the...
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by Christopher Nye | Aug 27, 2021
After a positive midweek, sterling looks to be ending the week on a relatively poor note, dropping half a cent against both the euro and US dollar since early Thursday. Compared to this time last week that leaves GBP close to the same point against EUR but around 0.5%...
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by Christopher Nye | Aug 26, 2021
The lack of data for the UK this week has meant the pound has struggled to gain much ground against the euro and is trading around the same levels as yesterday. Sterling has, however, hit a weekly high against the dollar. The euro is overall quite volatile against the...
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by Christopher Nye | Aug 26, 2021
The dollar has weakened slightly against the euro this morning as markets wait for the Federal Reserve’s Jackson Hole Symposium tomorrow. The greenback does, however, appear to be benefitting from the positive progress made by Congress around a $3.5 trillion...
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