Posts published in November 2020

Sterling Weak as Britain Prepares for Lockdown

The Great Britain pound was soft today, though it managed to gain on the Swiss franc. The major source of the sterling’s weakness was the news that the country will enter a second lockdown this…

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Euro Mixed amid Fears of Second Lockdown

The euro was mixed today, rising against some currencies and falling versus others. There were plenty of reasons for the currency to fall, though robust macroeconomic data released on Monday was supportive…

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Australian Dollar Second Strongest Ahead of RBA Meeting

The Australian dollar was the second strongest currency on the Forex market today, losing only to the Canadian dollar. The Aussie rallied for the same reasons as the New Zealand dollar: the rebound of crude oil prices, good…

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