Charles Purdy
on November 23rd, 2021 In common with the euro, sterling lost around 0.5% against the US dollar yesterday following the reappointment of Jerome Powell.
Against the euro sterling swung a little but ultimately stayed at 20-month highs. However, that has changed this morning, as PMI from the eurozone impresses the markets.
Later this morning we’ll see a flash reading for Markit PMI across services and manufacturing in the UK.
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