by Christopher Nye | Sep 29, 2021
The pound weakened against both the euro and the dollar yesterday and is still weak this morning due to the UK’s energy crisis and fuel shortages. The crisis has stoked concerns over rising inflation and economic stagnation. Yesterday, Prime Minister Boris Johnson...
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by Christopher Nye | Sep 28, 2021
The dollar has strengthend sharply against the euro and pound this morning. Various members of the US Federal Reserve’s version of the monetary policy committee, the FOMC, are also making speeches over the next two days, including Jerome Powell giving testimony...
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by Christopher Nye | Sep 28, 2021
The SPD’s success in the polls – although who will eventually end up as government remains unclear – was one of the factors weighing on the euro at the start of the week Yesterday’s data included falling unemployment claims in France, but of more interest was a speech...
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by Christopher Nye | Sep 28, 2021
Sterling strengthened against the euro yesterday, and the US dollar. This was in line with an increase in UK bond yields, that are themselves reflective of worries about inflation going beyond the bounds that the Bank of England believes acceptable. While this morning...
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by Christopher Nye | Sep 28, 2021
Sterling reached its highest point for 10 days yesterday against the euro while strengthening gently against the US dollar (although that small gain has been wiped out this morning). Affecting GBP/EUR will be the German elections, where the left of centre SPD under...
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