by Christopher Nye | Jun 10, 2021
The dollar has edged higher against a basket of currencies this morning ahead of the release of US inflation data. Core inflation rate is expected to rise by 0.4% in May. It’s hoped that these figures could reveal more about the Federal Reserve’s timeline for tapering...
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by Christopher Nye | Jun 10, 2021
The euro is slightly weaker against the dollar this morning ahead of the European Central Bank’s press conference and interest rate decision later. The meeting is expected to be focused on the Pandemic Emergency Purchase Programme (PEPP) and whether the growth and...
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by Christopher Nye | Jun 10, 2021
The pound is slightly weaker this morning but is still trading around the same levels against the euro and the dollar. However, the possibility that the June 21 reopening could be delayed, and rising COVID-19 cases could have an impact on sterling in the coming days...
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by Christopher Nye | Jun 10, 2021
The pound is slightly weaker against the euro and the dollar this morning but remains largely range-bound, as concerns surrounding the June 21 reopening continue to weigh. All eyes will be on the government this coming Monday when the final decision on this will be...
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by Christopher Nye | Jun 9, 2021
Sterling has now entered a fourth week barely moving against either the euro or US dollar. That may give cause for alarm for anyone with a major transaction approaching overseas, or budgeting for a life overseas, as the markets try to work out whether sterling is...
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