by Christopher Nye | Jun 29, 2021
The pound traded in a narrow range yesterday, ultimately going nowhere but maintaining its position close to 15-month highs. This morning we heard that UK house prices continue to rise strongly, at around 0.7% in June according to the Nationwide Building Society –...
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by Christopher Nye | Jun 29, 2021
The pound strengthened against both the euro and US dollar by nearly 0.3% in early trading yesterday but lost those gains in the afternoon and it starts Tuesday roughly where it began the week. Prompting the reversal in sterling’s fortunes yesterday were increased...
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by Christopher Nye | Jun 28, 2021
The dollar is steady against the euro and the pound this morning. A relatively busy week of data releases lies ahead in the US, culminating in Non-Farm Payrolls on Friday. The Non-Farm Payrolls data is expected to show that the US economy added 675,000 jobs in June,...
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by Christopher Nye | Jun 28, 2021
The euro is mostly steady against the dollar this morning ahead of a busy week of data releases. Sentiment figures will be released for the Eurozone tomorrow, as well as inflation data for Germany. This will be followed by inflation data for the Eurozone on Wednesday...
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by Christopher Nye | Jun 28, 2021
The pound is still weaker against the euro and the dollar after the Bank of England’s monetary policy meeting last week but appears to be showing signs of recovery this morning. Sterling weakened on Thursday evening and Friday morning as investors were expected a more...
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