by Christopher Nye | Jul 26, 2021
The euro is strengthening slightly against the dollar this morning ahead of a key week for Eurozone data. German consumer confidence data will be released on Wednesday, expected to show a slight improvement from last month’s reading. This will be followed by a series...
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by Christopher Nye | Jul 26, 2021
After weakening at the beginning of last week and making a gradual recovery from Wednesday onwards, the pound is trading around the same levels against the euro and the dollar this morning. A series of PMI data came out for the UK on Friday, showing growth in the...
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by Christopher Nye | Jul 26, 2021
The pound is slightly stronger against the euro and the dollar this morning ahead of a busy week. Bank of England official, Gertjan Vlieghe, will speak later today and the markets will be listening for any comments surrounding inflation, especially after PMI figures...
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by Christopher Nye | Jul 26, 2021
Sterling starts the week just over 0.5% stronger against both the US dollar and euro this morning. The currency that it’s strongest against, at 1.3% up on the week, is the Japanese yen (JPY). Perhaps the pound has taken inspiration – as many of us will this morning –...
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by Christopher Nye | Jul 23, 2021
Initial jobless claims have risen by 51,000 in the last week, largely attributed to a rise in Covid cases – up 53% week-on-week. According to the Centers of Disease Control and Prevention (CDC), the Delta variant now accounts for more than 80% of cases in the US....
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