by Christopher Nye | Sep 9, 2021
The pound fell for the third consecutive day yesterday against the dollar due to the government’s announcement that national insurance contributions will be hiked to help fund social care. Against the euro, sterling strengthened slightly yesterday after weakening on...
read more
by Christopher Nye | Sep 9, 2021
The markets will be listening closely to comments following the European Central Bank’s monetary policy meeting, which is due to take place this afternoon. Several ECB officials have recently suggested that stimulus measures should be tapered soon. If this rhetoric...
read more
by Christopher Nye | Sep 8, 2021
The dollar is still suffering following a disappointing Non-Farm Payrolls report at the end of last week. However, it is slowly making gains this week and managed to rise from a one-month low yesterday due to rising US treasury yields. The usual US jobless claims...
read more
by Christopher Nye | Sep 8, 2021
The euro strengthened against both the pound and the dollar yesterday following data that confirmed the Eurozone economy returned to growth in the second quarter. The Eurozone quarterly economic growth was revised higher to 2.2% in the second quarter of this year, a...
read more
by Christopher Nye | Sep 8, 2021
The pound slipped against the euro and the dollar yesterday following the announcement that the UK government will be introducing fresh tax hikes. The government will be introducing this to pay for the health and social care systems. However, economists are worried...
read more
