RationalFX : GBP falls on EU threat to block vaccines

RationalFX : Sterling fell against both the euro and dollar on Monday as investors sold the British currency following news the European Union could block AstraZeneca vaccine exports to the UK.

RationalFX : Sterling fell against both the euro and dollar on Monday as investors sold the British currency following news the European Union could block AstraZeneca vaccine exports to the UK.

RationalFX : Sterling rallied against the euro on Friday as it continues to benefit from the UK’s vaccine rollout and the Bank of England’s (BoE) decision to keep monetary policy unchanged and interest rates at record lows.

ETFGI reports record assets of US$1.33 trillion invested in ETFs and ETPs listed in Europe at the end of February 2021

RationalFX : Yesterday, the Bank of England (BoE) voted unanimously to hold interest rates at record lows of 0.1%. Much like the United States Federal Reserve, the BoE held a dovish tone despite bond yields reaching record highs.

Lyxor ETF Money Monitor: February was a strong month for risk assets, with both Equity and Fixed Income gathering solid flows.

ETFGI reports assets invested in ETFs and ETPs listed globally reach a new record of US$8.30 trillion at the end of February 2021

RationalFX : On Wednesday, as expected, the Federal Reserve confirmed they would be leaving interest rates on hold at near zero for years to come whilst also forecasting a jump in economic growth as the pandemic unwinds.

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