by Christopher Nye | Aug 2, 2021
Sterling is still at strong levels against the euro and the dollar this morning after benefitting from news last week that COVID-19 cases are falling in the UK. This week, the markets are looking ahead to the Bank of England’s monetary policy meeting on Thursday. Any...
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by Christopher Nye | Aug 2, 2021
Sterling starts the week in a relatively indecisive mood, having leapt out of the traps on recent Monday mornings in one direction or another. Also against the trend, GBP/EUR hasn’t followed the pattern of recent years and has not fallen sharply in August. In fact...
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by Christopher Nye | Jul 30, 2021
The euro reached a three-week high against the dollar yesterday, largely due to dollar weakness resulting from the Federal Reserve’s dovish tone and disappointing US GDP figures. Germany saw two key data releases: unemployment and inflation figures. The number of...
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by Christopher Nye | Jul 30, 2021
As July comes to an end, the pound has recovered against most major currencies. Sterling has been supported in recent days by falling Covid-19 cases and received another boost yesterday after dovish comments from the Federal Reserve Chair, Jerome Powell, but has...
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by Christopher Nye | Jul 30, 2021
As we reach the end of July, the pound has recovered against most major currencies. Sterling has seen a bout of strength over the last few days thanks to falling Covid-19 cases but has weakened a little this morning. The euro has benefitted from positive German...
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