Category: Daily blog
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Bond yields higher again
The pound has fallen against both the euro and the dollar to trade at 87p and $1.39 respectively this morning, down from this week’s highs of under 86p and $1.42, while the single currency has also lost some ground to the dollar to trade just over the $1.21 mark Bond yields rose further yesterday with […]
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Euro firmer
The euro is firmer against the dollar this morning, trading at $1.22, and has also gained some ground against sterling, moving back up above the 86p level. The pound is not much changed against the US currency, hovering in and around the $1.4150 level Equity markets in the US gained around 1% yesterday with European […]
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Pound’s advance continuing
Sterling continues to strengthen against both the dollar and the euro to trade at $1.42 and just under 85.75p respectively this morning, while the single currency is largely unchanged against the dollar at around $1.2150. The pound has traded for the most part in a range of about 83p to 94p against the euro since […]
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Dollar on the back foot
The euro and sterling have both gained some further ground against the dollar with the single currency trading not too far off $1.22 this morning and the pound looking like it might test the $1.41 level. This in turn leaves the euro-sterling exchange rate little changed overall at around 86.5p European and US stocks both […]
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Further rise in bond yields
Sterling chalked up solid gains against both the euro and the dollar last week, strengthening to around 86.5p and $1.40 respectively which is where it kicks off this week. The single currency bounced off a low of almost $1.20 against the dollar to close out business on Friday little changed on the week overall at […]
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Sterling on the front foot
The pound is on the front foot this morning and has strengthened to almost 86.5p against the euro – its best level in just over twelve months – and to just shy of $1.40 against the dollar – its best level in almost three years. The single currency has also regained some ground against the […]
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Euro loses ground
The euro has lost some ground against both the dollar and sterling to trade back under $1.21 and below 87p respectively this morning. The pound is very marginally lower against the US currency trading just below the $1.39 level A notable feature of recent developments in markets has been an increase in core bond yields, […]
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Main currencies little changed
The main currencies are not much changed this morning though if anything sterling is nudging slightly higher, trading not far shy of $1.3950 against the dollar and very close to 87p against the euro. The single currency, meanwhile, continues to hover just below $1.2150 against the dollar European stocks chalked up solid gains yesterday, closing […]
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Sterling firmer
Sterling is on the front foot this morning having strengthened to $1.39 against the dollar – its highest level since early 2018 – and to not far shy of 87p against the euro. The latter regained some more ground against the US currency last week and kicks off this week at around $1.2150, which is […]
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More of the same
It is a case of more of the same really on the currency markets with not much change in the main exchange rates. The euro and sterling are trading at around $1.21 and $1.38 against the dollar respectively, leaving the single currency-pound rate still trading just below the 88p level European stocks ending marginally higher […]