by Christopher Nye | Aug 24, 2021
Sterling has regained around half of last week’s losses against both the US dollar and euro, despite mixed economic data yesterday and concerns about supply chains and labour shortages. The main prompt for sterling’s recovery to above €1.17 at the interbank rate this...
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by Christopher Nye | Aug 23, 2021
After falling towards monthly lows against the dollar at the end of last week, the euro has strengthened against the dollar this morning. Last week’s weakness was largely down to dollar strength that came from US Fed comments around tapering. However, as we start the...
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by Christopher Nye | Aug 23, 2021
The pound is still struggling against the euro but has strengthened a little against the dollar this morning, up from near monthly lows. Last week, a new Covid-antibody treatment was approved in the UK. Although this is good news for the pound, which continues to be...
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by Christopher Nye | Aug 23, 2021
The pound is still struggling against the euro but has strengthened a little against the dollar this morning, up from near monthly lows. It’s quite a busy week for data releases, with PMI for both the UK and US being the focus for markets. Markets will also be looking...
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by Christopher Nye | Aug 23, 2021
The dollar has lost some of its strength this morning as market mood shifts towards a more ‘risk-friendly’ stance. Last week’s strength came from the Federal Reserve indicating that it would be appropriate to start reducing US bond buying purchases this year, however,...
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