by Christopher Nye | Aug 23, 2021
The pound’s 10-day fall has continued this morning and against the euro it is now around 1% down on the mid-August peak and a little more against the US dollar, although that slide has been ongoing since the early summer. The blame last week can be placed on the final...
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by Christopher Nye | Aug 20, 2021
The dollar is still strong this morning, benefitting from continued risk-averse market sentiment. Fed comments around tapering along with increasing fears over the spread of the Delta variant have boosted the greenback. US jobless figures fell to a 17-month low, down...
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by Christopher Nye | Aug 20, 2021
The euro has strengthened slightly against the dollar this morning, moving away from the 9-month lows it saw yesterday. However, the single currency remains pressured as market mood stays cautious and investors continue to opt for ‘safe haven’ currencies such as the...
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by Christopher Nye | Aug 20, 2021
The pound has weakened against both the euro and the dollar this morning. Dollar strength and rising Covid-19 cases appear to be partly to blame for this weakness. Additionally, there are concerns that the Bank of England may delay its tightening of monetary policy...
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by Christopher Nye | Aug 20, 2021
This morning, the pound is still struggling against the euro and the dollar as markets remain cautious, opting for ‘safe haven’ currencies such as the dollar. UK data has also failed to support sterling, as both retail sales and Gfk consumer confidence figures fell...
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