by Christopher Nye | Jun 30, 2021
The pound weakened to its lowest level in over a week against the dollar yesterday and was largely unchanged against the euro. This is mostly due to ongoing dollar strength since the Federal Reserve announced a shift in policy during its last meeting. In contrast to...
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by Christopher Nye | Jun 30, 2021
The pound is weaker against the dollar and mostly unchanged against the euro this morning. GDP figures for the UK were released earlier, showing that the economy shrank by 1.6% in the first quarter of this year due to the reintroduction of COVID-19 restrictions....
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by Christopher Nye | Jun 30, 2021
The pound has started the day very much on the downturn this morning, but if you’ve been googling news on sterling, today probably isn’t the day to do it. England’s victory over Germany (goals by Sterling and Kane), might have been a reason for...
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by Christopher Nye | Jun 29, 2021
The dollar strengthened against the euro and pound yesterday, and that has continued this morning, as concerns over resurgent cases of the Covid-19 Delta variant encouraged investor to seek safety in the dollar. The dollar is also being supported by the supposition...
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by Christopher Nye | Jun 29, 2021
The single currency suffered against the dollar yesterday although it recovered early losses against sterling. This morning we have seen positive early data on French consumer confidence – the readings being taken before last night’s Euro2020 loss, so maybe less rosy...
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