by Christopher Nye | Jun 23, 2021
The dollar has fallen against both sterling and euro over the past 24 hours. Yesterday’s data releases offered no surprises, with home sales still falling. Yesterday Larry Summers, treasury secretary under Bill Clinton, described President Biden’s stimulus package as...
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by Christopher Nye | Jun 23, 2021
The euro has fallen sharply against the pound this morning, while remaining weak against the US dollar compared to last Wednesday (although still 5% or so stronger than last summer). Yesterday we saw Eurozone consumer confidence higher than last month and the highest...
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by Christopher Nye | Jun 23, 2021
The pound enjoyed a mildly positive day against the euro yesterday while remaining well over 1% up on the US dollar this week – albeit still 1% down on last week. However this morning it has accelerated strongly, gaining almost 0.4% in early trading against the euro....
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by Christopher Nye | Jun 23, 2021
Sterling’s positive start to the week continued yesterday as the pound regained more of last week’s losses against the dollar. The picture against the euro was less decisive yesterday but has accelerated away this morning, reaching its highest level since early April...
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by Christopher Nye | Jun 23, 2021
The pound has recovered strongly from its losses at the end of last week and is currently trading at an 11-week high against the euro. If you wish to lock in this rate do please call your trader on 020 8003 4915 asap. Reasons for the sudden rise in sterling are not...
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