EUR: inflation hits 2.2% in October

It was a decent end to the week for the euro as it made some healthy gains against the dollar and made a little bit of ground against the pound. The previous day it made some significant gains against sterling as Brexit uncertainty continues to affect sterling. The...


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Sterling steadies in potential calm before storm

As crazy weeks go the last one is surely up there. Everything looked to be going OK for Theresa May, as she managed to convince her cabinet to support her Brexit draft agreement. However, the morning after, Dominic Raab resigned as Brexit minister, saying he couldn’t...


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USD: better-than-expected retail sales in October

The headline release from the US yesterday was October’s retail sales figures, which showed healthy month-over-month growth of 0.8%. This was some way better than the 0.5% expected and a marked improvement on the previous month’s figure of 0.1%. It is the largest...


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