by Christopher Nye | Aug 12, 2021
The pound has held onto its gains against the dollar and the euro following the release of UK GDP figures this morning . The data shows that the UK economy grew by 4.8% in the second quarter of this year, largely due to the return of indoor dining and leisure...
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by Christopher Nye | Aug 11, 2021
The dollar reached a 4-month high against the euro yesterday, as it continues to strengthen following a positive Non-Farm Payrolls report at the end of last week. The markets will turn their focus to US inflation rate figures later today. High inflation could boost...
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by Christopher Nye | Aug 11, 2021
The euro is still weak against the dollar and pound this morning following disappointing data releases yesterday. The ZEW Indicator of Economic Sentiment for Germany declined to 40.4 in August, the lowest level since November and well below market expectations of...
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by Christopher Nye | Aug 11, 2021
The pound rose to a new 18-month high against the euro yesterday, still boosted by the Bank of England’s monetary policy meeting last week. There are expectations that the BoE could taper policy and hike interest rates ahead of the European Central Bank, which has so...
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by Christopher Nye | Aug 11, 2021
The pound is still strong against the euro this morning, trading around 18-month highs as it continues to benefit from the Bank of England’s monetary policy meeting last week. Following comments from officials, there is now a strong expectation that the BoE could...
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